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Amazon halts work on six new US office buildings to adapt for hybrid work
https://www.whatjobs.com/news/business-news/amazon-halts-work-on-six-new-us-office-buildings-to-gauge-hybrid-work-needs
By Nithya Bose in Business News, posted July 18, 2022
Amazon has paused building work on six new office buildings in Bellevue and Nashville to reconsider its designs to allow hybrid work.
The delay will not have an effect on the company's hiring plans, which include a goal to generate 25,000 jobs in Bellevue and another 5,000 in Nashville.
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John Schoettler, vice president of Global Real Estate and Facilities at Amazon said: "The pandemic has significantly changed the way people work .
"Our offices are long-term investments and we want to make sure that we design them in a way that meets our employees' needs in the future.”
It was also reported that Facebook parent Meta Platforms and Amazon have scaled back their expectations for office development in New York City.
Meta has opted not to accept 300,000 square feet of extra space at 770 Broadway, a building near Astor Place where it is presently located.
Amazon has curtailed its plans to lease property in Hudson, yards from JPMorgan Chase.
A Meta spokesperson said: "There are often a number of reasons why we wouldn't proceed with a particular deal, including office utilization.”
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“The past few years have brought new possibilities around the ways we connect and work.”
"We remain firmly committed to New York and look forward to opening the Farley in the coming months.”
However, Amazon has declined to comment on the report.
Source: Reuters
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