While most companies are carefully planning how they can return to their office and campus locations, Amazon is on a hiring and office-buying spree.
Amazon announced its plans to create 3,500 new tech and corporate jobs across six cities in the U.S., as well as spending more than $1.4 billion on new office spaces for its employees. Amazon is expanding its tech hubs in Dallas, Texas, Detroit, Denver, New York's Manhattan borough, Phoenix and San Diego, Calif.
Tech teams in those locations will support various Amazon business sectors including Amazon Web Services, Alexa, Amazon Advertising, Amazon Fashion, OpsTech and Amazon Fresh, among others.
Amazon said it expects to hire for a variety of roles, from cloud infrastructure architects and software engineers to data scientists, product managers, and user experience designers.
Last month, Amazon announced that most of its corporate employees could continue working from home until early next year.
By contrast, Cisco laid out a restructuring plan in its Q4 earnings call last week that included a voluntary early retirement program and layoffs. Over the next few years, Cisco plans to reduce its cost structure by $1 billion on an annualized basis.
AT&T is laying off about 3,400 employees, according to the Communications Workers of America (CWA), as part of its $6 billion cost-cutting initiative.