Other tech companies have been keeping New York City's tech economy churning without making much of a fuss. Despite higher costs, New York City remains attractive to tech companies because of its vast, diverse talent pool, world-class educational and cultural institutions and access to other industries, such as Wall Street capital and Madison Avenue ad dollars. No other metropolitan area in the US has as many computer-related jobs as New York City, which has 225,600, according to the Bureau of Labor Statistics. Even after cancelling its headquarters project, Amazon still has 5,000 employees in New York City, not counting Whole Foods. "Today we took a step back, but I would not but the nail in the coffin of tech in New York City."

Source: Mint February 17, 2019 09:11 UTC