Taking too long? Close loading screen.
Connect with us

Tech

Amazon Sticks With Office Expansion Plans in New York and Elsewhere

Published

on

SEATTLE — The pandemic has upended many companies’ expansion plans. Not Amazon’s.

The tech giant said on Tuesday that it would hire 3,500 white-collar employees across the country, including 2,000 in New York, following through on plans it had largely put in place before the coronavirus made office towers empty as employees work from home.

The new Amazon jobs will fill a lot of office space that the company acquired before Covid-19 took hold in the United States. In early March, Amazon bought the iconic Lord & Taylor building on Fifth Avenue from the co-working company WeWork, which was retrenching after unsustainable expansion. The New York Post reported at the time that Amazon had paid $1.15 billion for the property. Amazon declined to comment on the deal.

Amazon expects employees to occupy the space in 2023.

The company also plans to expand offices in its hubs in Dallas, Denver, Detroit, Phoenix and San Diego within two years. It signed a lease for roughly 90,000 square feet near Phoenix in the first quarter, according to Lee & Associates, a commercial real estate broker.

Amazon has 35,000 white-collar employees in more than a dozen tech hubs, so the growth announced on Tuesday would be a 10 percent expansion.

The announcement shows how Amazon, like other large tech companies, has been thriving in the economic chaos of the pandemic. As consumers hunkered down and shopped online, Amazon posted record sales and profits in the most recent quarter. It sold 57 percent more products than a year earlier, and profit doubled to $5.2 billion.

In recent years, the rapid growth of technology firms, both those from the West Coast and local start-ups, has transformed a broad swath of Manhattan into a vibrant tech hub. The biggest firms — Apple, Amazon, Facebook and Google — have all expanded their footprints in the city, cementing New York City as a global tech corridor.

The companies have largely settled on the Far West Side, stretching along West 34th Street to the Hudson River and down to the Chelsea neighborhood. Collectively, they employ roughly 20,000 people in the city, and Google’s campus there has become its largest outside its headquarters in Mountain View, Calif.

Just this year, Facebook has hired more than a thousand people in New York City, bringing its total there to more than 4,000. It has plans to hire thousands more for new offices it has recently leased at the Farley Building near Penn Station and down the street at Hudson Yards, the mini city on the Hudson River that is the country’s largest private development.

Amazon backed out of plans to build a second headquarters in New York last year, after fierce criticism from some lawmakers and residents. When the company made that sudden change, executives said they would take the 25,000 jobs it had planned in Queens and spread them around smaller tech hubs, including thousands of jobs in New York. It is proceeding with plans to build a second headquarters, known as HQ2, in the Washington area, where it expects to employ 25,000 people.

Even after dropping its plans for a large corporate campus in Queens, Amazon has continued to invest in the city, expanding its offices in Manhattan and opening warehouses in the other boroughs.

The company had 876,800 employees at the end of the quarter, most of them t its warehouses. It also has 400,000 drivers delivering packages to customers’ doors, largely working through contractors and as gig workers.

The pandemic has made it hard for real estate developers to find companies to lease office towers that have recently opened, and many commercial tenants are trying to renegotiate leases. Some companies have considered making working from home permanent, and others have backed away from office expansion plans.

Last week, REI Co-op, the outdoor retailer, said it was abandoning plans to occupy the new corporate campus it was building in the Seattle area, saying it will sell the new headquarters and instead distribute its work force across the region. The company said the change would create more flexibility and have “financial benefits.”

Karen Weise reported from Seattle, and Matthew Haag from New York.

Source : NewYorkTimesRead More

Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Tech

Charge Your Phone Wirelessly With 50% off a Multifunctional LED Lamp

Published

on

Best Tech DealsBest Tech DealsThe best tech deals from around the web, updated daily.

White Wireless Charge Lamp | $18 | Amazon | Clip coupon + code ABC88699
Black Wireless Charger Lamp | $20 | Amazon | Promo code ABC88699

When you’re ready to turn in for the night, you don’t want to forget to charge your phone— especially if your mobile device doubles as your alarm clock.

With this wireless charger lamp, you can make this crucial step of your nightly routine even easier by just setting your phone on the wireless charging pad and… well, that’s all there is to it!

Advertisement

Other functions include multiple lighting modes as well as a sleep timer option for auto shut-off of the light after 30 or 60 minutes.

This lamp can be yours in white for $18 if you clip the coupon on Amazon (it’s below the original $40 price) and add promo code ABC88699 at checkout.

You can snag the black version for $20 using the same code—no coupon though, sorry.

Don’t sleep on this deal! Who knows how long stock or the coupon code will last?

Advertisement


Source

Continue Reading

Tech

Keep That Hotdish Hot With 65% Off a Luncia Casserole Carrier, Only $11 With Promo Code

Published

on

Best Home DealsBest Home DealsThe best home, kitchen, smart home, and automotive deals from around the web, updated daily.

Luncia Double-Decker Dish Carrier | $11 | Amazon | Promo code SDDU9S7F

It has been a long time since the days we could safely have a potluck or other gatherings, but we have a fantastic deal perfect for once those times return. These double-decker Luncia dish carriers can be had for 65% off when you add promo code SDDU9S7F at checkout and clip the coupon on the site (it’s just below the price). These holders fit 9″x 13″ sized baking dishes.

Advertisement

That means you can insulate and keep two dishes of food warm for only $11 instead of $30. What’s more, your Luncia carrier will arrive by Christmas if you order today as a Prime member.

Just add promo code SDDU9S7F and clip the 5% off coupon to bring the price down to $11 for the blue or the grey option.

Advertisement

Grab this offer while it’s still around!


Source

Continue Reading

Tech

Conquer Your Pup’s Dander and Fur With $700 Off a Cobalt or Charcoal Bobsweep PetHair Plus Robot Vacuum

Published

on

Best Home DealsBest Home DealsThe best home, kitchen, smart home, and automotive deals from around the web, updated daily.

Bobsweep PetHair Plus Robot Vacuum & Mop (Cobalt) | $200 | Best Buy

Bobsweep PetHair Plus Robot Vacuum & Mop (Charcoal) | $200 | Best Buy

Allergies can be bad enough as the seasons change. Don’t let pet hair and dander add to that by vacuuming it up early and often. That chore is easier said than done— unless you have a robot vacuum to do the work for you. This lovely bright cobalt Bobsweep PetHair Plus robot vacuum and mop, only $200 today at Best Buy seems like an ideal option. That’s a whopping $700 off, by the way.

Advertisement

You can get the same deal for the charcoal version of the robot vac, too. This model is not only specially made for picking up pet hair, it self docks and charges when it’s finished with the work.

It also comes with a mop attachment, so it can take care of those kitchen floors for you as well. Grab it while it’s still available for this fantastic price!

Advertisement


Source

Continue Reading

Trending