Microsoft and Google promised to invest in these communities. Now they're backtracking | CNN Business

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Several large tech companies are rethinking their costs, after years of seemingly limitless hiring and expansion.

When Microsoft President Brad Smith announced in February 2021 that the tech giant had purchased a 90-acre plot of land in Atlanta’s westside, he laid out a bold vision: The company, he said, would invest in the community and put it “on the path toward becoming one of Microsoft’s largest hubs” in the United States.

‘The community is now going to be burdened’ Quarry Yards, on Atlanta’s westside, has been a source of some promise and dashed hopes. In 2017, Georgia officials included the formerly industrial area on a list of sites where Amazon could build its second headquarters, as part of its pitch to the e-commerce giant. Amazon ultimately went with other cities, but four years later, another Seattle tech giant scooped up the land.

 

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Kids better learn some real world skills. Too many lap top workers and not enough young people that can build things outside in the sun and rain.

You mean after years of free to low cost of capital? High interest rates will separate boys from men.

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