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>> We do not intend to re-open the HQ2 search at this time . We will proceed as planned in Northern Virginia and Nashville Weird.
And it was dumb for Amazon to seek out subsidies anyway. Amazon only needed one criteria to have a successful HQ2: A willingness to accommodate new housing demand. $3B in subsidies would be dwarfed by the increase in salaries from higher costs of living. If a city can allow housing to be built, and keep up with Amazon's hiring demand to keep housing prices flat, that alone would be worth far more than any city or state could ever hand over to Amazon in subsidies.
Google didn't need any dog and pony show or significant forms of corporate welfare (that we know of) to announce a doubling of their presence in New York. https://www.washingtonpost.com/technology/2018/12/17/google-...
Doubling their office there still pales in comparison to the headcount projected for LIC. 7K max vs. 25k targeted for Amazon. Amazon already has a presence in NYC.
Wonder how many people started real-estate speculation who might be hurt from this?
So this whole HQ2 thing ended up being a grand waste of everybody's time.
This may have already happened, it's really hard to say.
A shame. As an employee of a Big N company in NYC, this would have provided upward pressure on my salary (even if personally I wouldn't want to go work for Amazon). But I didn't like the big tax breaks, and as a taxpayer of the city I'm glad my money won't go towards subsidizing the expansion of one of the world's most valuable companies. It's too bad Amazon wasn't willing to pay their fair share.
As a counter, I don't have to worry about or co-workers exiting for this fierce competitor with hiring.
Earlier quoted context omitted.
Doubling their office there still pales in comparison to the headcount projected for LIC. 7K max vs. 25k targeted for Amazon. Amazon already has a presence in NYC.
Would be interesting to know how many employees Amazon currently has in NY. I wouldn't be surprised to find out it's already in the thousands.
Amazon already has an office in New York City, as well as a sizeable presence in New Jersey just outside the city limits (within commuting distance), split between two New Jersey offices, last I checked.
If Amazon hadn't turned this whole "HQ2" thing into a national drama they could have built a huge presence there without riling up so much backlash. Hopefully this ridiculous stunt is a lesson to them.
Earlier quoted context omitted.
Doubling their office there still pales in comparison to the headcount projected for LIC. 7K max vs. 25k targeted for Amazon. Amazon already has a presence in NYC.
Would be interesting to know how many employees Amazon currently has in NY. I wouldn't be surprised to find out it's already in the thousands.