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Relatedly, this announcement came on the same day they announced they were pausing the second phase of their HQ2 development in Virginia: https://www.fastcompa
by bogomipz 4y ago
Relatedly, this announcement came on the same day they announced they were pausing the second phase of their HQ2 development in Virginia:
https://www.fastcompany.com/90860480/amazon-hq2-construction-pause-mass-layoffs-washington-dc https://www.fastcompany.com/90860480/amazon-hq2-construction...
This is significant in that the HQ2 bidding process was basically a competition by local governments to see who could give Amazon the largest tax breaks and other incentives so that Amazon would choose their city as the site its location. See:
https://www.brookings.edu/research/five-economic-development-takeaways-from-the-amazon-hq2-bids/ https://www.brookings.edu/research/five-economic-development...