Apple’s expansion plans
Last December, Apple (AAPL) announced its ~$1 billion plan to build a new campus in North Austin, Texas, and that it would grow its US employee base over the next three years. Apple’s employment plan includes adding over 3,000 employees in Seattle, San Diego, and Culver City.
More jobs in Seattle
Apple’s Seattle expansion seems more aggressive than planned. At a June 24 event on Apple’s new Seattle campus, Seattle Mayor Jenny Durkan and Apple confirmed the company now plans to have over 2,000 employees at its Seattle campus over the next five years.
Apple vice president of global real estate Kristina Raspe said the first 200 new employees would be hired this year.
The move could please Trump
Donald Trump, who has maintained his focus on employment issues, has targeted large US companies such as Ford (F) and General Motors (GM) and accused them of hurting the US job market. In November 2016, Trump told The New York Times that he’d “get Apple to build a big plant in the United States.”
Since then, Apple has tried its best to please the Trump administration by announcing huge investments and aggressive US job creation plans. In January 2018, Apple announced it would contribute ~$350 billion to the US economy over the next five years.