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Amazon to Expand Tech Hubs, Corporate Offices, Adding 3,500 Jobs

The logo of Amazon is seen on the door of an Amazon Books retail store in New York City, US, February 14, 2019. (Reuters)
The logo of Amazon is seen on the door of an Amazon Books retail store in New York City, US, February 14, 2019. (Reuters)
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Amazon to Expand Tech Hubs, Corporate Offices, Adding 3,500 Jobs

The logo of Amazon is seen on the door of an Amazon Books retail store in New York City, US, February 14, 2019. (Reuters)
The logo of Amazon is seen on the door of an Amazon Books retail store in New York City, US, February 14, 2019. (Reuters)

Amazon unveiled plans Tuesday to hire 3,500 new employees as part of an expansion of its technology hubs and corporate offices across the United States.

The US technology and e-commerce giant said the latest plans call for some 2,000 new jobs in New York City, where Amazon has acquired the landmark Lord & Taylor building on Fifth Avenue.

The move comes after Amazon -- which has seen gains in revenue during the pandemic from its e-commerce and cloud computing operations -- said it would make permanent 125,000 of the 175,000 jobs it added since the start of the public health crisis.

The latest moves expand Amazon tech hubs in Dallas, Detroit, Denver, New York, Phoenix and San Diego and represent an investment of some $1.4 billion, according to the company.

"People from all walks of life come to Amazon to develop their careers -- from recent graduates looking for a place to turn their ideas into high-impact products, to veterans accessing new jobs in cloud computing thanks to our upskilling programs," said Beth Galetti, senior vice president of human resources at Amazon.

"These 3,500 new jobs will be in cities across the country with strong and diverse talent pools. We look forward to helping these communities grow their emerging tech workforce."

In New York -- where Amazon had announced but then canceled plans for a high-profile headquarters -- the announcement confirms Amazon's acquisition of the iconic Lord & Taylor department store building earlier this year, in a deal reported to be worth nearly $1 billion, from office-sharing startup WeWork.

The building will be used for some 58,000 square meters (630,000 square feet) of office space, according to Amazon.

Amazon, whose expansion has attracted increased antitrust scrutiny in the US and elsewhere, said its global workforce now stands at some 876,000.

In addition to e-commerce and cloud computing, Amazon has operations in streaming video and music and artificial intelligence and owns the Whole Foods supermarket chain.

It recently unveiled plans to invest $10 billion for its planned space-based internet delivery system that will deploy more than 3,000 low-orbit satellites.

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US May Target Samsung, Hynix, TSMC Operations in China

A man walks past the logo of Samsung Electronics displayed outside the company's Seocho building in Seoul on April 30, 2025. (Photo by Jung Yeon-je / AFP)
A man walks past the logo of Samsung Electronics displayed outside the company's Seocho building in Seoul on April 30, 2025. (Photo by Jung Yeon-je / AFP)
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US May Target Samsung, Hynix, TSMC Operations in China

A man walks past the logo of Samsung Electronics displayed outside the company's Seocho building in Seoul on April 30, 2025. (Photo by Jung Yeon-je / AFP)
A man walks past the logo of Samsung Electronics displayed outside the company's Seocho building in Seoul on April 30, 2025. (Photo by Jung Yeon-je / AFP)

The US Department of Commerce is considering revoking authorizations granted in recent years to global chipmakers Samsung, SK Hynix and TSMC, making it more difficult for them to receive US goods and technology at their plants in China, according to people familiar with the matter.

The chances of the United States withdrawing the authorizations are unclear. But with such a move, it would be harder for foreign chipmakers to operate in China, where they produce semiconductors used in a wide range of industries, Reuters said.

A White House official said the United States was "just laying the groundwork" in case the truce reached between the two countries fell apart. But the official expressed confidence that the trade agreement would go forward and that rare earths would flow from China, as agreed.

"There is currently no intention of deploying this tactic," the official said. "It's another tool we want in our toolbox in case either this agreement falls through or any other catalyst throws a wrench in bilateral relations."

Shares of US chip equipment makers that supply plants in China fell when the Wall Street Journal first reported the news earlier on Friday. KLA Corp dropped 2.4%, Lam Research fell 1.9% and Applied Materials sank 2%. Shares of Micron, a major competitor to Samsung and SK Hynix in the memory chip sector, rose 1.5%.

A TSMC spokesman declined comment. Samsung and Hynix did not immediately respond to requests for comment. Lam Research, KLA and Applied Materials did not immediately respond, either.

In October 2022, after the United States placed sweeping restrictions on US chipmaking equipment to China, it gave foreign manufacturers like Samsung and Hynix letters authorizing them to receive goods.

In 2023 and 2024, the companies received what is known as Validated End User status in order to continue the trade.

A company with VEU status is able to receive designated goods from a US company without the supplier obtaining multiple export licenses to ship to them. VEU status enables entities to receive US-controlled products and technologies "more easily, quickly and reliably," as the Commerce Department website puts it.

The VEU authorizations come with conditions, a person familiar with the matter said, including prohibitions on certain equipment and reporting requirements.

“Chipmakers will still be able to operate in China," a Commerce Department spokesperson said in a statement when asked about the possible revocations. "The new enforcement mechanisms on chips mirror licensing requirements that apply to other semiconductor companies that export to China and ensure the United States has an equal and reciprocal process.”

Industry sources said that if it became more difficult for US semiconductor equipment companies to ship to foreign multinationals, it would only help domestic Chinese competitors.

"It’s a gift," one said.