Anonymous wrote:So Jamir Dimon is not very current on how modern tech companies work. He is correct that it will bring 100K jobs, perhaps more but for different reasons. Companies like Amazon and other tech giants are not like the traditional companies. A second headquarters isn't going to replicate all the back office staff at the other headquarters. There won't be a dual marketing agency. There will be many operational engineers focused on government customers and working in integrators but the design and real engineers will still be on the west coast where you don't see tons of operational integration engineers. You'll see more policy and internal lobbyist/lawyer types out here but supply chain people will stay out west. Amazon is the most frugal of all the tech giants and very careful not to overspend or duplicate work. There will be additional jobs (nowhere close to 100K) for maintaining the campus like office cleaners. Amazon doesn't offer the free cafeteria and other perks that Google and Apple provide but that is good for the local economy anyway.
The 100K jobs will come from competitors and synergistic mini-partners. System integrators that help people adopt AWS and companies that build products off Amazon are one stream. The big draw will be other tech companies looking for an east coast presence and looking to poach/attract employees.
Anonymous wrote:So Jamir Dimon is not very current on how modern tech companies work. He is correct that it will bring 100K jobs, perhaps more but for different reasons. Companies like Amazon and other tech giants are not like the traditional companies. A second headquarters isn't going to replicate all the back office staff at the other headquarters. There won't be a dual marketing agency. There will be many operational engineers focused on government customers and working in integrators but the design and real engineers will still be on the west coast where you don't see tons of operational integration engineers. You'll see more policy and internal lobbyist/lawyer types out here but supply chain people will stay out west. Amazon is the most frugal of all the tech giants and very careful not to overspend or duplicate work. There will be additional jobs (nowhere close to 100K) for maintaining the campus like office cleaners. Amazon doesn't offer the free cafeteria and other perks that Google and Apple provide but that is good for the local economy anyway.
The 100K jobs will come from competitors and synergistic mini-partners. System integrators that help people adopt AWS and companies that build products off Amazon are one stream. The big draw will be other tech companies looking for an east coast presence and looking to poach/attract employees.
Anonymous wrote:Anonymous wrote:Anonymous wrote:They will hire locals and most will commute in. There are already a lot of Amazon employees and many will be consolidated. They are having trouble filling the slots they have. They also allow telecommuting for some jobs so you can live further out and just go in as needed. We don't know anyone who works at Amazon who lives near work. Some live in other states and just fly in as needed.
+1 I have friends in close in Maryland who commute to Amazon in Virginia. They're not all going to live within a mile of HQ.
For every one of those, some new person living in Arlington will probably do the opposite, too. Maybe they'll take the job your friends left to commute to Arlington. Maybe this guy will work for Amazon for two years, move to Arlington, but then quit.
The metro area is a big blob. People move around, people want to live near where they work, but they can't always. It's easier to move jobs than to move where you live. But over time, there's no reason to expect it won't average out. If you add 25K jobs in a place, you'd expect that place to increase the number of people living there over time by about that # of households.
Anonymous wrote:So Jamir Dimon is not very current on how modern tech companies work. He is correct that it will bring 100K jobs, perhaps more but for different reasons. Companies like Amazon and other tech giants are not like the traditional companies. A second headquarters isn't going to replicate all the back office staff at the other headquarters. There won't be a dual marketing agency. There will be many operational engineers focused on government customers and working in integrators but the design and real engineers will still be on the west coast where you don't see tons of operational integration engineers. You'll see more policy and internal lobbyist/lawyer types out here but supply chain people will stay out west. Amazon is the most frugal of all the tech giants and very careful not to overspend or duplicate work. There will be additional jobs (nowhere close to 100K) for maintaining the campus like office cleaners. Amazon doesn't offer the free cafeteria and other perks that Google and Apple provide but that is good for the local economy anyway.
The 100K jobs will come from competitors and synergistic mini-partners. System integrators that help people adopt AWS and companies that build products off Amazon are one stream. The big draw will be other tech companies looking for an east coast presence and looking to poach/attract employees.
Anonymous wrote:So Jamir Dimon is not very current on how modern tech companies work. He is correct that it will bring 100K jobs, perhaps more but for different reasons. Companies like Amazon and other tech giants are not like the traditional companies. A second headquarters isn't going to replicate all the back office staff at the other headquarters. There won't be a dual marketing agency. There will be many operational engineers focused on government customers and working in integrators but the design and real engineers will still be on the west coast where you don't see tons of operational integration engineers. You'll see more policy and internal lobbyist/lawyer types out here but supply chain people will stay out west. Amazon is the most frugal of all the tech giants and very careful not to overspend or duplicate work. There will be additional jobs (nowhere close to 100K) for maintaining the campus like office cleaners. Amazon doesn't offer the free cafeteria and other perks that Google and Apple provide but that is good for the local economy anyway.
The 100K jobs will come from competitors and synergistic mini-partners. System integrators that help people adopt AWS and companies that build products off Amazon are one stream. The big draw will be other tech companies looking for an east coast presence and looking to poach/attract employees.
Anonymous wrote:Anonymous wrote:Anonymous wrote:They will hire locals and most will commute in. There are already a lot of Amazon employees and many will be consolidated. They are having trouble filling the slots they have. They also allow telecommuting for some jobs so you can live further out and just go in as needed. We don't know anyone who works at Amazon who lives near work. Some live in other states and just fly in as needed.
+1 I have friends in close in Maryland who commute to Amazon in Virginia. They're not all going to live within a mile of HQ.
For every one of those, some new person living in Arlington will probably do the opposite, too. Maybe they'll take the job your friends left to commute to Arlington. Maybe this guy will work for Amazon for two years, move to Arlington, but then quit.
The metro area is a big blob. People move around, people want to live near where they work, but they can't always. It's easier to move jobs than to move where you live. But over time, there's no reason to expect it won't average out. If you add 25K jobs in a place, you'd expect that place to increase the number of people living there over time by about that # of households.
Anonymous wrote:Anonymous wrote:They will hire locals and most will commute in. There are already a lot of Amazon employees and many will be consolidated. They are having trouble filling the slots they have. They also allow telecommuting for some jobs so you can live further out and just go in as needed. We don't know anyone who works at Amazon who lives near work. Some live in other states and just fly in as needed.
+1 I have friends in close in Maryland who commute to Amazon in Virginia. They're not all going to live within a mile of HQ.
Anonymous wrote:They will hire locals and most will commute in. There are already a lot of Amazon employees and many will be consolidated. They are having trouble filling the slots they have. They also allow telecommuting for some jobs so you can live further out and just go in as needed. We don't know anyone who works at Amazon who lives near work. Some live in other states and just fly in as needed.
Fairfax is over a million now. We can handle it. It won’t happen all at once.Anonymous wrote:https://www.bizjournals.com/washington/news/2019/03/21/jpmorgans-jamie-dimon-thinks-we-might-be.html
"Dimon said. “But the 25,000 jobs, what people don’t understand, it’s going to be another 75,000 outside of that. Because when you have a company move here, they need people who prepare meals and clean floors to engineers to marketing people to lawyers to accountants to service that whole ecosystem."
for references, Arlington has only 200k people