Report: Amazon to split new HQ2 between two cities

[brooklynite]

Source: Axios

Amazon has plans to split its second headquarters between two cities with 25,000 employees in each city, the Wall Street Journal’s Laura Stevens reports, citing "a person familiar with the matter."

Why it matters: By dividing up the anticipated second headquarters, Amazon could dampen the anticipated impact of opening a massive new headquarters in just one city. The Washington Post reported Saturday that Amazon has plans to announce its second headquarters in Northern Virginia. The WSJ reported Sunday that Dallas and New York are still in the running, in addition to Crystal City, Va.

Read more: https://www.axios.com/report-amazon-split-second-headquarters-between-two-cities-b44ca494-4010-472e-b418-00c46eb8e34d.html

[mahatmakanejeeves]

1. From The Wall Street Journal.:

Amazon plans to split its second headquarters between two locations, each with 25,000 employees. A decision could come as soon as this week.

Link to tweet

TECH

Amazon Plans to Split HQ2 Evenly Between Two Cities

Surprise decision is driven by the need to recruit enough tech talent and to support Amazon’s growth

By Laura Stevens

[e-mail]

Nov. 5, 2018 2:35 p.m. ET

Amazon.com Inc. AMZN -2.36% plans to split its second headquarters evenly between two locations rather than picking one city for HQ2, according to a person familiar with the matter, a surprise decision that will spread the impact of a massive new office across two communities.

The driving force behind the decision to build two equal offices in addition to the company’s headquarters in Seattle is recruiting enough tech talent, according to the person familiar with the company’s plans. The move will also ease potential issues with housing, transit and other areas where adding tens of thousands of workers could cause problems. ... Under the new plan, Amazon would split the workforce with 25,000 employees in each city, the person said.

Amazon is in advanced talks with multiple cities but hasn’t made a final decision on which two locations it will pick, according to people familiar with the matter. The Wall Street Journal on Sunday reported that Amazon was in late-stage discussions with Crystal City in Virginia, Dallas and New York City.

A decision and announcement could come as soon as this week, according to people familiar with the matter.

Write to Laura Stevens at [e-mail]

[GoneOffShore]

2. And Philadelphia didn't make it. Even though I've moved away, I'm kind of glad.

I think if Amazon had chosen Philly, house prices would have gotten crazier.