Quote:
Originally Posted by phishtown
Sorry but that's cope. Despite slowing down hiring they've already added 8,000 positions and multiple towers. Compared to the lab space and residential that we've got in SY so far? Not a comparison. It would've been a game changer, but yes probably not to the extent that they originally sold it.
|
It's absolutely not a "cope" with headlines like this, too:
https://commercialobserver.com/2024/...office-leases/
The "Big Tech" boom of the 2010s are clearly over, and this is before even more positions are phased out with AI.
The takeaway from the Amazon "sweepstakes" is that maybe next time every city and its mother shouldn't be so gullible about lofty promises. Focusing on retaining homegrown startups should always take MUCH more priority than sketchy relocations/tax break incentives.