Google Shuts London Startup Hub in Home Working Pivot By Bloomberg
(Bloomberg) -- Google’s parent firm plans to close its seven-story hub devoted to helping startups in London’s Shoreditch district and replace it with virtual services following the shift to home-working. The move comes after the pandemic showed Alphabet (NASDAQ:GOOGL) Inc. that it could serve young firms across the country without the need for a physical space, according to a statement Monday. Google was forced to offer its support programs and services online when the coronavirus struck. “The U.K. startup community doesn’t need access to a single-shared physical space as much as it needs access to resources,...
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