The downturn in hiring marks another setback in the boost Amazon had initially promised with its HQ2 in Northern Virginia amid a squeeze in the tech industry.
The Amazon logo appears on a screen panel at Amazon’s HQ2 in Arlington, Va., in September 2023. Amazon has fallen so far behind schedule in creating new jobs at its Northern Virginia headquarters that its workforce at those offices shrank last year, the company confirmed, underscoring how a project that it had initially pitched as an economic jolt is instead
The company was supposed to gradually add 25,000 new jobs at HQ2 by the end of the decade, according to itswith the commonwealth, including more than 2,500 new jobs last year. Instead, it lost more than 200 existing positions in Arlington in 2023.
Virginia’s incentives for the company are supposed to reward its progress toward a goal of bringing 25,000 new jobs to Arlington by 2030. They are also structured to ensure that the company maintains those new jobs for at least five years.
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