Author Topic: Amazon Dumps NYC Headquarters and Its Promised 25,000 Jobs  (Read 189 times)

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Amazon Dumps NYC Headquarters and Its Promised 25,000 Jobs
« on: February 15, 2019, 02:18:05 pm »
Amazon Dumps NYC Headquarters and Its Promised 25,000 Jobs
By The Associated Press
February 15, 2019 Updated: February 15, 2019
 
NEW YORK—Amazon abruptly dropped plans Feb. 14 for a big new headquarters in New York that would have brought 25,000 jobs to the city, reversing course after politicians and activists objected to the nearly $3 billion in tax breaks promised to what is already one of the world’s richest, most powerful companies.

“We are disappointed to have reached this conclusion—we love New York,” the online giant said in a blog post announcing the withdrawal.

The stunning move was a serious blow to Gov. Andrew Cuomo and Mayor Bill de Blasio, who had lobbied intensely to land the project, competing against more than 200 other metropolitan areas across the continent that were practically tripping over each other to offer incentives to Amazon in a fierce bidding war the company stoked.

https://www.theepochtimes.com/amazon-dumps-nyc-headquarters-and-its-promised-25000-jobs_2801657.html