Google is saving $1B per year as a result of employees working from home
Google may save $1B this year on the P&L, but I can assure you that a large cohort of employees are vastly less effective (especially parents!).  Time will tell how wfh pans out in terms of long-term enterprise value creation, after confounding variables (i.e. COVID) are removed.<p>Source: A lot of my Googler friends are itching to get back into the office -- whether parents or people whose social lives centered around work.<p>Ninja Edit: Google has already announced their return to work plans, which involves substantially returning to physical office spaces.  From early April: <a href="https://www.forbes.com/sites/jackkelly/2021/04/01/google-wants-workers-to-return-to-the-office-ahead-of-schedule-this-looks-like-a-blow-to-the-remote-work-trend/" rel="nofollow">https://www.forbes.com/sites/jackkelly/2021/04/01/google-wan...</a>