Amazon stops work on its second headquarters in Virginia due to employment losses

Amazon stops work on its second headquarters in Virginia due to employment losses

The online retailer confirmed the move to Bloomberg while maintaining its commitment to the second headquarters (HQ2) in the Washington, DC region, where it has pledged to recruiting 25,000 employees and spending $2.5 billion. While developing the first phase of the new campus, featuring two towers in the 2.1-million-square-foot Metropolitan Park, Amazon has already employed over 8,000 workers. The construction on PenPlace, a bigger location across the street where it planned to erect three 22-story office towers, a 350-foot corporate meeting centre, and an interior garden, has been halted. Furthermore, the delay may have repercussions in the neighbourhood, as local developers, construction workers, and other companies have made preparations based on Amazon’s timeframe.