October 30, 2020

Apple finalizes its plan to create 20,000 new jobs in the United States | Economy

Apple finalizes its plan to create 20,000 new jobs in the United States | Economy

The technology firm Apple details the plans to make a second campus in Austin (Texas), open new offices in Seattle (Washington), San Diego and Culver City (California) and make an investment of 10 billion dollars for the construction of centers data for the next five years. The company directed by Tim Cook seeks in this way to create 20,000 new jobs in the country. The iPhone manufacturer seeks in this way to fulfill the promise it made earlier this year to use the benefits of tax reform to support the US economy.

The announcement comes a month after Amazon chose the two cities where it will establish its new headquarters, in New York and Virginia. Alphabet, the parent of Google, is also in a process of similar expansion, such as Facebook and other technology. But the first draft of the investment plan It was already anticipated last January, coinciding with the entry into force of the tax reform.

Tim Cook promised then that he was going to invest 30,000 million in the USA using the savings and the money that he was going to begin to repatriate thanks to the reduction of the corporation tax. President Donald Trump, who is putting great pressure on the multinationals to produce and create jobs in the United States, did not take long to score. The Republican also uses tariffs as a threat.

The manufacturer of the iPhone and the Mac had not yet specified how he was going to make those investments. He now specifies that he will allocate $ 1 billion to expand the technology campus he has in North Austin, the most important he has outside his headquarters in Cupertino. With the expansion, it will be able to accommodate 15,000 employees. In the other three cities, it will create 1,000 jobs in each.

At the same time, it plans to create hundreds of jobs by expanding operations in Pittsburgh (Pennsylvania), New York, Boulder (Colorado), Boston (Massachusetts) and Portland (Oregon) over the next three years. Apple, which opened a new corporate headquarters in Silicon Valley last year, said in the press release published with the investment plan that created 6,000 jobs this year in the US.

Cook already said in January that the success story of Apple could only have happened in the US and in this regard promised to continue strengthening the company's contribution to the economy. The technology firm already has 6,200 employees in Austin, where other companies such as the manufacturer of Dell computers or the semiconductor firm NXP after the purchase of Freescale are established.

"The talent, creativity and breakthrough ideas of tomorrow are not limited to a region or a zip code," Cook says, justifying the expansion process outside of Cupertino, the city of California where his headquarters are located. In this way, he adds, "we redouble our commitment to cultivate the high-tech sector and a workforce nationwide." The new jobs will be engineering, research and development, finance and commercial.


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