Editor’s note: I first got to know Jeff Bezos in the late ’90s at CNET (even before he was a billionaire) and have interviewed him since then. He is whip smart, even among high-tech pioneers and CEOs. I loved his hutzpa in purchasing the Washington Post (he’s turned it around) and now Whole Foods. We’re Amazon Prime customers and credit card holders, and we’ve socked away Amazon.com stock for our retirement. Now Amazon is going to build a second headquarters, investing $5 billion and hiring as many as 50,000 workers.
“Amazon.com is scouting North American cities for a second company headquarters, where it plans to hire as many as 50,000 full-time workers, the tech giant announced Thursday,” as the Washington Post is reporting.
“The Seattle-based company says it plans to invest $5 billion in construction and operation of the new location, which it is calling Amazon HQ2.
“’We expect HQ2 to be a full equal to our Seattle headquarters,’ Jeffrey P. Bezos, founder and chief executive of Amazon, said in a statement. ‘Amazon HQ2 will bring billions of dollars in up-front and ongoing investments, and tens of thousands of high-paying jobs. We’re excited to find a second home.’
(Bezos also owns The Washington Post.)
“Amazon is seeking proposals from local, state and provincial government leaders, and says it is focusing on metropolitan areas with more than 1 million people. It is also looking for areas that can attract and retain technical workers and ‘a stable and business-friendly environment.’
“Among the criteria it will consider, Amazon says, is tax exemptions and other incentives, including relocation grants and fee reductions. “The initial cost and ongoing cost of doing business are critical decision drivers,” the company said in its request for proposals.
“It added that the location does not need to in an urban or downtown location, or a development-prepped site.
‘We want to encourage states and communities to think creatively for viable real estate options, while not negatively affecting our preferred timeline,’ the company said.
The rest of the article is here.