Amazon suspends Virginia HQ2 construction in latest cost-cutting move

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Amazon suspends Virginia HQ2 construction in latest cost-cutting move
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Amazon’s also shutting down some of its physical stores.

John Schoettler, Amazon’s head of real estate, confirmed the move in a statement toand CNBC. “We’re always evaluating space plans to make sure they fit our business needs and to create a great experience for employees,” Shoettler explains. “And since Met[tropolitan] Park will have space to accommodate more than 14,000 employees, we’ve decided to shift the groundbreaking of PenPlace out a bit.

“Our second headquarters has always been a multiyear project, and we remain committed to Arlington, Virginia, and the greater Capital Region,” Schoettler tells

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