'Broken promises.' Tech industry's real estate pullback leaves communities reeling | CNN Business

  • 📰 cnni
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 59%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

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.

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 326. in RU

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Senators blast Big Tech companies over kids' safety amid renewed push for legislation | CNN BusinessSenators from both parties blasted Big Tech on Tuesday and called for the passage of federal legislation to regulate tech platforms in the midst of a mental health crisis among young Americans. About time... Guns dont kill people. Big tech does 🤦🏻‍♂️
Источник: CNN - 🏆 4. / 95 Прочитайте больше »