Amazon dumps NYC headquarters and its promised 25,000 jobs
NEW YORK (AP) — Amazon abruptly dropped plans Thursday 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 incentives 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 from Seattle said in a blog post announcing its withdrawal.