Silicon Valley Stumble: Google Puts Massive Campus Construction Project on Indefinite Hold

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Silicon Valley Stumble: Google Puts Massive Campus Construction Project on Indefinite Hold
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Google’s ambitious 80-acre “Downtown West” campus project has been put on hold indefinitely as the tech giant faces its most severe cost cuts in its history, leaving San Jose’s downtown area in limbo.

that as Google with its most severe cost cuts in history, the internet giant’s ambitious 80-acre “Downtown West” campus project has been put on indefinite hold, leaving San Jose’s downtown area in limbo.

A LendLease spokesperson stated in an emailed response that the company remains “committed in the creation of thriving mixed-use communities in the Bay Area, including the Google developments,” and still has a “significant team to aid in delivering these communities.”12,000 jobs, or about 6 percent of its workforce, in response to the worst performance of tech stocks since the 2008 financial crisis.

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