Amazon’s NYC educational investments will continue, despite cancellation of New York HQ2

Amazon’s NYC educational investments will continue, despite cancellation of New York HQ2

5 years ago
Anonymous $Dftgs0JzgE

https://techcrunch.com/2019/02/14/amazons-nyc-educational-investments-will-continue-despite-cancellation-of-new-york-hq2/

Amazon’s plans to invest in New York area engineering training programs and other local educational initiatives are not being canceled, despite Amazon’s announcement today that it will no longer open one of its HQ2 locations in New York City. The retailer decided to end its plans for the New York headquarters after significant backlash from local politicians and citizens alike who, as Amazon put it, “have made it clear that they oppose our presence.”

The deal Amazon had brokered with New York politicians had included up to $1.5 billion in grants and tax breaks in the state, in exchange for bringing 25,000 new jobs to the NYC area.