• Half the jobs Amazon (NASDAQ:AMZN) brings to its two new headquarters will be in tech, according to NYC and Virginia government.
• NY officials say that 12,500 of the 25K jobs coming to the Long Island HQ will be in tech and the rest will be in “administrative jobs, custodial staff, HR, all those things.”
• The Virginia HQ will also get 25K jobs, and officials say Amazon “said from the beginning they expected it to be about 50-50” in terms of tech jobs.
No idea but AMZN brutally squeeze the city to bone dry in public.
The project will cost Amazon upwards of $3.6 billion, but the company will defray much of that cost thanks to $2.8 billion in city and state tax grants and other incentives officials are offering the company.
The massive incentives package has riled local politicians and activist groups, who say the trillion-dollar-company shouldn’t need a sweetener to come to New York.
“Amazon is not coming here to hire people in the neighborhood — people who already have jobs with Amazon are coming here,” said Raymond Normandeau, 74, a resident of nearby Queensbridge Houses. “I support a little mischief that voices opposition to that.”
This is a bad start. Better hope it ends here. Otherwise, those new comers have to fear for their properties and lives.