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Google Anticipates $500MM in Exit Costs Related to Consolidating Office Space in the First Quarter of 2023

February 6, 20231 Mins read1k
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Google, Alphabet Inc, Meta, Amazon, Microsoft, Puget Sound, San Francisco, Kidder Mathews, Seattle, Bay Area
Courtesy of Pawel Czerwinski
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By Kate Snyder As tech companies look to decrease their office footprints, Google’s parent company, Alphabet, Inc., announced that it anticipates absorbing about half a billion dollars in exit costs related to the firm’s planned office space reductions in the first quarter of 2023, according to its recently released fourth quarter earnings report.  “We are […]

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