Amazon Dumps NYC Headquarters and Its Promised 25,000 Jobs

Amazon Dumps NYC Headquarters and Its Promised 25,000 Jobs
Graffiti painted on a sidewalk by someone opposed to the location of an Amazon headquarters in the Long Island City neighborhood in the Queens borough of New York, photo taken on Nov. 16, 2018. AP Photo/Mark Lennihan, File
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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.