The announcement shows how Amazon, like other large tech companies, has been thriving in the economic chaos of the pandemic. As consumers hunkered down and shopped online, Amazon posted record sales and profits in the most recent quarter. The biggest firms — Apple, Amazon, Facebook and Google — have all expanded their footprints in the city, cementing New York City as a global tech corridor. Amazon backed out of plans to build a second headquarters in New York last year, after fierce criticism from some lawmakers and residents. It is proceeding with plans to build a second headquarters, known as HQ2, in the Washington area, where it expects to employ 25,000 people.

Source: New York Times August 18, 2020 21:45 UTC