In this Oct. 20, 2015 file photo, signage sits outside Google headquarters in Mountain View, Calif. Google is postponing a return to the office for most workers. (AP Photo/Marcio Jose Sanchez, File)
Google is once again postponing a return to the office for most workers until mid-January, in addition to requiring all employees to be vaccinated once its sprawling campuses are fully reopened.
The highly contagious delta variant of the coronavirus is driving a dramatic spike in COVID-19 cases and hospitalizations, leading companies to delay or scrap return-to-office plans after nearly two years of people working from home.
CEO Sundar Pichai said in a blog post Tuesday that Google is delaying its global return to offices until Jan. 10. After that, he said the company will let countries and locations determine when to end voluntary work-from-home policies “based on local conditions, which vary greatly across our offices."
He also promised a 30-day heads up before workers are expected back in the office. This is the second time in little over a month that Google has delayed return plans — the last time was in late July, when it also announced its vaccine mandate. Google, which is headquartered in Mountain View, California, has more than 130,000 employees worldwide.
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Swedish buy now, pay later company Klarna is making its highly anticipated public debut on the New York Stock Exchange Wednesday, the latest in a run of high-profile initial public offerings this year. The offering priced at $40 Tuesday, above the forecasted range of $35 to $37 a share, valuing the company at more than $15 billion. The valuation easily makes Klarna one of the biggest IPOs so far in 2025, which has been one of the busier years for companies going public. Other popular IPOs so far this year include the design software company Figma and Circle Internet Group, which issues the USDC stablecoin..
Oracle co-founder Larry Ellison wrested the title of the world’s richest man from longtime holder Elon Musk early Wednesday as stock in his software giant rocketed more than a third in a stunning few minutes of trading. That is according to wealth tracker Bloomberg. A college dropout, the 81-year-old Ellison is now worth $393 billion, Bloomberg says, several billion more than Musk, who had been the world’s richest for four years. The switch in the ranking came after a blockbuster earnings report from Oracle. Forbes still has Musk as the richest, however, valuing his private businesses much higher.
