NEW YORK—Amazon abruptly dropped plans Feb. 14 for a big new headquarters in New York that would have brought 25,000 jobs to the city, reversing course after politicians and activists objected to the nearly $3 billion in tax breaks promised to what is already one of the world’s richest, most powerful companies.
“We are disappointed to have reached this conclusion—we love New York,” the online giant said in a blog post announcing the withdrawal.