By 2022, the tech giant is expected to hire a total of about 20,000 employees in New York.
Editor’s note: This article comes from Tencent Technology .
Speaking of technology and the Internet, California’s Silicon Valley is the world’s industrial center and birthplace of innovation. It is also a gathering place for young talents dreaming of young companies in the technology industry. Investing in New York City on the east coast of the United States and recruiting outstanding talent, New York is becoming a competitor in Silicon Valley, and New York City’s technology industry positions have increased to about 140,000.
According to foreign media reports, when Facebook was looking for another office in New York, it had an important appeal: it urgently needed this space, and the office building must be large enough to accommodate up to 6,000 employees. New York employs more than twice as many people.
After the company settled in Hudson Square, a huge mini city that is forming in western Manhattan, existing tenants were told to relocate, and some construction employees began quickly rebuilding the building even before the lease was signed.
Facebook struggles to adapt to its booming business as part of the West Coast-based American tech giant’s expansion in New York City. Rapid expansion plans are turning large areas of Manhattan into one of the most dynamic technology corridors in the world.
The four tech giants-Amazon, Apple, Facebook, and Google-have set up large office areas along the Hudson River, from downtown to Lower Manhattan, or have been looking for new ones in recent months Office buildings often compete with each other for the same office space.
By 2022, these tech giants are expected to hire approximately 20,000 employees in New York.
Subsidy dispute
Cities in the United States and around the world have long struggled to establish themselves as Silicon Valley competitors. New York City is certainly not going to surpass the Bay Area as a technology leader in the United States, but it is increasingly competing for technology companies and talent.
The rise of New York as a technology center comes as some industries that have long dominated the city’s economy (such as finance, media, and advertising) are being changed by new technologies. Highly skilled employees.
New York’s growth has largely been achieved without major economic incentives from city and state governments. Last year, the e-commerce giant Amazon’s second headquarters in the United States landed in New York City. Media reports that the company received $ 3 billion in economic subsidies and tax benefits have sparked strong protests.
Spurred by local opposition, the retail giant suddenly cancelled plans to build a second headquarters in New York last February. Despite the slow pace, Amazon continues to increase tech jobs in New York City to this day.
Nevertheless, Amazon’s announcement last month that it would lease office space for 1,500 employees in central New York reignited a debate over whether incentives should be used to attract large tech companies to New York.
Opponents of Amazon’s second headquarters investment agreement, including Rep. Alexandria Ocasio-Cortez, a Democrat from Queens, said Amazon’s decision to expand in Manhattan shows that New York is so Attractive so that there is no need to provide tax cuts and other benefits.
Others responded that the company’s leased Hudson Square office space dwarfed the second headquarters campus planned for Long Island City, Queens, and the 25,000 people Amazon promised to hire there.
Attract talent
Tech companies are choosing New York to tap into their deep technical talent pool and attract employees who prefer New York’s diversified economy over West Coast technology-led centers. New York is also closer to Europe, another important market for Silicon Valley companies.
“For a long time, if you live in the broader field of technology, inertia will take you to Silicon Valley,” said Julie Samuels, executive director of nonprofit industry organization Technology: New York. “So many people want to live in New York and move here, but there are not many job opportunities in the technology industry, and now work is coming.”
Google is growing so fast that office space is so tight that it temporarily leased two buildings until 2022 when a larger office development is ready at the St. John Terminal near the Dutch Tunnel in Manhattan.
In the beginning, large tech companies will first set up outposts in New York City, employing a small number of employees. Google’s first New York employee was a salesperson.