Amazon Halts the Construction of HQ2
Amid cost-cutting efforts, tech giant Amazon has decided to halt the construction of its second headquarter HQ2, in Arlington, Virginia. The company has officially confirmed the decision to CNN. The decision comes just two months after the company announced laying off more than 18,000 employees.
John Schoettler, Amazon’s head of Real Estate, told CNN that the groundbreaking for the second phase of the new headquarter HQ2 will be delayed. The first phase is under construction and scheduled to open in June. He added that the company has already hired around 8,000 employees at the new headquarters and is excited to welcome them to the first phase of the new campus this June.
He told CBS News that the company is always evaluating space plans to make sure they fit its business needs. ‘’Since Met Park will have space to accommodate more than 14,000 employees, we've decided to shift the groundbreaking of PenPlace (the second phase of HQ2) out a bit," He added.
Amazon has one headquarter in Seattle, Washington and it is building a second headquarter in Arlington, Virginia.
Despite the temporary pause in construction, Amazon has confirmed that it remains committed to its second headquarters, which plans to hire 25,000 workers and spend $2.5 billion. The company has already hired around 8,000 workers for the first phase.
John Schoettler, Amazon’s head of Real Estate, told CNN that the groundbreaking for the second phase of the new headquarter HQ2 will be delayed. The first phase is under construction and scheduled to open in June. He added that the company has already hired around 8,000 employees at the new headquarters and is excited to welcome them to the first phase of the new campus this June.
He told CBS News that the company is always evaluating space plans to make sure they fit its business needs. ‘’Since Met Park will have space to accommodate more than 14,000 employees, we've decided to shift the groundbreaking of PenPlace (the second phase of HQ2) out a bit," He added.
Amazon has one headquarter in Seattle, Washington and it is building a second headquarter in Arlington, Virginia.
Despite the temporary pause in construction, Amazon has confirmed that it remains committed to its second headquarters, which plans to hire 25,000 workers and spend $2.5 billion. The company has already hired around 8,000 workers for the first phase.
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Amazon is the registered trademark of the e-commerce brand.
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Amazon is the registered trademark of the e-commerce brand.
About ChannelMAX.NET:
ChannelMAX offers Amazon Repricer that runs on the latest AI Repricing algorithm to do Amazon Pricing Management or Amazon Repricing. Based on Amazon SP API, the repricing engine or repricer runs 24/7 and efficiently manages Amazon prices to maximize your BuyBox with profit optimization. Established in 2005, ChannelMAX has been integrated with Amazon technology since 2007, helping thousands of third-party sellers on various eCommerce platforms. Some of the eCommerce platforms, aka marketplaces, supported by ChannelMAX.NET, are Amazon, Walmart, eBay, and Shopify. Some of ChannelMAX key offerings include ChannelMAX Amazon Repricer, 2ndly, ChannelMAX Amazon FBA Audits and FBA Refunds management, an offering for managing Amazon FBA Refunds Reimbursement management for lost or damaged or misplaced inventory for which Amazon is responsible and for which sellers deserve appropriate credit reimbursement from Amazon. ChannelMAX Services offer Remote (aka Virtual) Full-Time eCommerce Assistant to help 3P sellers run their daytoday business.
Check ChannelMAX at Amazon Selling Partner Appstore, an application with a 5 star rating.