Friday, 24 March, 2023

Google is saving over $1 bn a year by WFH

<p>Google&#39;s parent company Alphabet has saved $268 mn in expenses due to the drop in company promotions, travel, and entertainment, during the first quarter of 2021, &ldquo;primarily as a result of COVID-19.&rdquo; By end of the year, if the saving continues then, it would be over a $1 bn. In the year 2020, Alphabet&#39;s advert and promotional expenses reduced by $1.4 bn, due to falling in spending, paused or rescheduled campaigns, and switching events in digital-only formats due to COVID-19.</p>