SAN RAMON, California: Google has decided that most of its 200,000 employees and contractors should work from home through next June, a sobering assessment of the pandemic’s potential staying power from the company providing the answers for the world’s most trusted Internet search engine.
The remote-work order issued Monday by Google CEO Sundar Pichai also affects other companies owned by Google’s corporate parent, Alphabet Inc. It marks a six-month extension of Google’s previous plan to keep most of its offices closed through the rest of this year.
“I know this extended timeline may come with mixed emotions and I want to make sure you’re taking care of yourselves,” wrote Pichai, who is also Alphabet’s CEO, in an email to employees.
Pichai’s decision was first reported by The Wall Street Journal.
The prolonged lockdown of Google’s offices could influence other major employers to take similar precautions, given that the technology industry has been at the forefront of the shift to remote work that has been triggered by the spread of the novel coronavirus.
Even before the World Health Organization declared a pandemic on March 11, Google and many other prominent tech firms had been telling their employees to work from home.
Google had originally planned to allow a significant number of employees to begin returning to its Mountain View, California, headquarters and other offices during the summer. But the pandemic’s ongoing spread prompted Google to push back the reopening until January and now it has prompted yet another delay.
Besides helping protect people from the virus, the new July 2021 target date for reopening Google’s offices should make it easier for workers with children to adjust to schools that aren’t allowing students to return to campus next month and in September. It will also make it easier for employees to sign one-year leases if they decide to rent a home somewhere else while working outside the office.
“I hope this will offer the flexibility you need to balance work with taking care of yourselves and your loved ones over the next 12 months,” Pichai wrote.
Pichai’s email noted that Google and Alphabet have been able to reopen some offices in 42 countries, although he didn’t specify which.
But new guidelines mean Google“s biggest offices will remain largely unoccupied through June 2021. The decision affects more than 123,000 employees on the payroll of Google and other Alphabet companies, as well as 80,000 contractors that normally work on the companies’ campuses.
The pandemic has also prompted several other tech companies to inform their workers they won’t have to return to work this year. Twitter CEO Jack Dorsey has taken the most extreme step so far by telling the messaging service’s employees they will never have to return to the office, if they don’t want, an offer he is also extending to workers at Square, a payment processing service that he also runs.
Google to keep most of its employees at home until July 2021
https://arab.news/gzee2
Google to keep most of its employees at home until July 2021
- The remote-work order issued by Google CEO Sundar Pichai also affects other companies owned by Google’s corporate parent Alphabet Inc
- The prolonged lockdown of Google’s offices could influence other major employers to take similar precautions, given that the tech industry has been at the forefront of the shift to remote work
Closing Bell: Saudi main index extends gains as market opens wider to foreign investment
RIYADH: Saudi Arabia’s Tadawul All Share Index rose on Monday, gaining 153.61 points, or 1.38 percent, to close at 11,321.09.
The total trading turnover of the benchmark index was SR5.85 billion ($1.56 billion), as 207 of the listed stocks advanced, while 55 retreated.
The MSCI Tadawul Index increased, up 21.20 points or 1.41 percent, to close at 1,524.18.
The Kingdom’s parallel market Nomu gained 278.13 points, or 1.17 percent, to close at 24,013.03. This comes as 43 of the listed stocks advanced, while 29 retreated.
The best-performing stock was Saudi Pharmaceutical Industries and Medical Appliances Corp., with its share price surging by 7.26 percent to SR28.94.
Other top performers included Rasan Information Technology Co., which saw its share price rise by 6.51 percent to SR144, and Knowledge Economic City, which saw a 6.25 percent increase to SR13.09.
On the downside, the worst performer of the day was Najran Cement Co., whose share price fell by 2.11 percent to SR6.49.
Almasane Alkobra Mining Co. and Saudi Cable Co. also saw declines, with their shares dropping by 2 percent and 1.88 percent to SR103.10 and SR166.80, respectively.
On the announcement front, Riyad Bank has announced its annual financial results for 2025, with the total income from special commission of financing reaching SR24.1 billion, while net income from special commission of financing amounted to SR12 billion.
In a statement on Tadawul, the bank said: “Net income increased by 11.7 percent mainly due to an increase in total operating income and a decrease in total operating expenses.”
The bank further noted that the rise in total operating income was primarily driven by increased revenue from fees and commissions, trading activities, special commissions, gains on non-trading investments, and other operating sources. This growth was partially tempered by declines in exchange and dividend income.
“Net provision of expected credit losses and other losses decreased by 15.8 percent due to a decrease in impairment charge of credit losses and impairment charge for other financial assets, partially offset by an increase in impairment charge for investments,” it added.
RIBL’s share price closed at SR18.18 on the main market, marking a 1.43 percent increase.










