Amazon may decide to create two HQ2 locations, instead of just one

Outside Amazon’s headquarters in Seattle.


Shara Tibken/Techhnews

And now it ends up Amazon may decide on creating an HQ2 and HQ3.

The online retailing giant is looking to split its planned second headquarters  — dubbed HQ2 — between two cities, The Wall Street Journal reported Monday, citing a person familiar with the move. 

Amazon’s HQ2 gained attention as one of the biggest corporate projects in the US, with the e-retailer planning to hire 50,000 workers and spend $5 billion. The company fueled excitement in its plans by inviting cities to pitch themselves as sites for the development.

Now, Amazon may create two separate 25,000-person campuses, in part due to the need to hire enough tech talent. Splitting the project in two could also ease concerns over housing and traffic in host cities, the Journal reported.

Two new 25,000-person offices remain massive undertakings for the company though less attention-grabbing than the year-long hype has suggested. Two HQ2 projects also ensure that Seattle remains Amazon’s unequalled headquarters.

Amazon declined to comment.

Splitting HQ2 would also raise questions about the current tax incentive packages Amazon has been offered on the premise of the larger office. Two of the biggest known packages include Montgomery County, Maryland, which offered $8.5 billion in incentives, and Newark, New Jersey, which offered $7 billion.

After naming 20 finalist cities this January, Amazon plans to announce a winner city by year’s end. The Journal reported over the weekend that Amazon was in “late-state discussions” with Crystal City in Virginia, Dallas and New York City.

Many reporters quickly reacted on Twitter to the Journal story, with some joking about naming conventions.

“What to call this? HQ2 and HQ2.1? Or HQ2A and HQ2B?” asked The Washington Post’s Paul Farhi.

Others were more introspective.

“This should serve as a moment of reflection for everyone involved in the HQ2 hype (me included). If Amazon ends up splitting its expansion into mini HQs, that is called…opening satellite offices, which scarcely deserves the buckets of ink spilled so far,” said Nick Wingfield of The Information.

5G is your next big upgrade: Everything you need to know about the 5G revolution.

NASA turns 60: The space agency has taken humanity farther than anyone else, and it has plans to go further.

Source link


Leave a Reply

Subscribe to our newsletter

Join our monthly newsletter and never miss out on new stories and promotions.
Techhnews will use the information you provide on this form to be in touch with you and to provide updates and marketing.

You can change your mind at any time by clicking the unsubscribe link in the footer of any email you receive from us, or by contacting us at [email protected] We will treat your information with respect.

%d bloggers like this: