What You Need To Know About Amazon’s Stunning Rejection Of New York City | In the News

First, there was shock. Then there was disappointment, then anger. Quickly, it all turned to blame.
Amazon said it will not reopen its beauty contest, but it is not clear what city would get the other half of HQ2, or if Amazon will just hire fewer workers in the future. What is certain is that New York City’s reaction to the incentive package will reshape how deals like this work in the future.

Tech consulting firm Everest Group managing partner Eric Simonson agreed it will be a wake-up call for bigger companies. “Pro-business regions with large labor forces — often associated with the South, such as Atlanta, Dallas, Houston and Phoenix — are likely to use this to their advantage,” he said.

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