LA loses bid for Amazon HQ2 and thousands of possible jobs, but some experts are relieved
When Amazon launched its HQ2 contest last fall, dangling a prize of 50,000 high-paying jobs and a $5 billion investment, 238 North American cities and regions embarked on a mad scramble, providing proprietary data and offering hefty tax breaks to host the company's second headquarters.
Among the California supplicants including San Diego, Irvine and San Francisco, Los Angeles alone made the cut of 20 finalists, the lone survivor west of the Rockies.
But now, with Amazon's decision to expand across the continent from its Seattle home, splitting its new corporate footprint between New York City and northern Virginia - and some jobs in Nashville, Tenn. - LA is not so much indulging in a pity party as offering up a collective shrug.
Even the project's biggest local
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