Major tech outlets have recently announced the freezing of new hiring and cutbacks on planned office expansion in New York.
Meta Platforms Inc. has decided not to take the additional 300,000 square feet of space at 770 Broadway located near its existing office.
Similarly, Amazon.com, Inc. has reportedly decided to cut back on the amount of space it had planned to lease from JPMorgan Chase & Co. at the Hudson Yards.
Yet Alphabet Inc. CEO Sundar Pichai says he is bullish on the company’s growth and expansion in New York City.
“I’m personally long-term bullish on our growth in New York as a company. However, we would do that only if we’re optimistic about accessing tech talent and being able to scale up,” he told Crain’s New York Business….