August 19, 2020
Despite a national shift towards working from home, Amazon announced a $1.4 billion plan to hire 3,500 employees across six major U.S. cities, a 10-percent expansion of its current corporate workforce of 35,000, according to the New York Times. This includes 2,000 employees in New York City, who will work from the e-commerce behemoth's newly acquired location at the historic Lord & Taylor building on Fifth Avenue. WeWork bought the landmarked building in 2017 for $850 million, but after a troubling few years, they sold it to Amazon in March for a reported $1.15 billion.
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