Apple's spending $1 billion to add jobs in Texas. It's giving far more to shareholders [CNN]
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Source: CNN
Exclusive: Amanpour speaks with Apple CEO Tim Cook Washington (CNN Business) Apple's announcement that it will put a new $1 billion campus in Austin, Texas, is being read as a sign that the 2017 Republican-backed tax cut is bringing jobs back to the United States. The Cupertino, California, company announced Thursday that it will hire at least 5,000 new employees in Austin, on top of the 6,200 it already has there. San Diego, Seattle and Culver City, California, will also get new offices of more than 1,000 employees. It's part of a spending surge that the company said earlier this year was prompted by the nearly $252 billion it planned to bring to the United States as a result of the tax overhaul. The company has promised to add 20,000 new US jobs by 2023. President Donald Trump celebrated that in January. Great to see Apple follow through as a result of TAX CUTS, he tweeted at the time. Huge win for American workers and the USA! He's recently turned against the company
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