Maybe it’s for the best that #Baltimore lost out on #HQ2… The last thing we need is another Port Covington… err I mean Baltimore Peninsula. With the tax breaks Hogan was offering to Amazon all of us in the state of #Maryland would have effectively become Jeff Bezos’ serfs in perpetuity. Thanks, #Virginia for bending over backwards to make this happen.
From: @maxkennerly
https://mstdn.social/@maxkennerly/109960574092576038
The risk of an economic downturn is, in fact, precisely one of the reasons it's a bad idea to throw billions at a big corporation for some vague, non-binding promises of job creation. https://www.bloomberg.com/news/articles/2023-03-03/amazon-hq2-pauses-construction-amid-layoffs-remote-work#xj4y7vzkg
Amazon.com Inc. is pausing construction on its sprawling second headquarters near Washington, a decision that coincides with the company’s deepest ever job cuts and a reassessment of office needs to account for remote work.
This is interesting in light of the HQ2/NYC saga: Amazon threatened not to move into Ranier Square if Seattle passed a business tax intended to help build low-income housing and the homeless.
The city backed down. Now Amazon is...not moving in to Ranier Square.
boingboing.net/2019/02/28/pre…