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Apple will spend $ 1 billion to open a 3,000-employee campus in North Carolina

Apple announced on Monday that it plans to open a new campus in the Raleigh, North Carolina area.

Apple will spend more than $ 1 billion on campus and will employ 3,000 people working on technology, including software engineering and machine learning.

The campus is a sign of Apple’s continued expansion beyond its headquarters in Cupertino, California, where most of its engineering has been historically based. Apple is also building a $ 1 billion campus in Austin, Texas, which is expected to open to employees next year.

Apple’s expansion will be located in the North Carolina Research Triangle area, named for three nearby universities: North Carolina State University, Duke University and University of North Carolina. Apple CEO Tim Cook and COO Jeff Williams both have Duke MBAs. Apple’s senior vice president, Eddy Cue, responsible for the company’s online services, graduated from Duke.

“As a North Carolina native, I am excited about the expansion of Apple and the creation of new long-term employment opportunities in the community in which I grew up,” said Williams in a statement.

Apple joins other Silicon Valley technology companies that are expanding outside the Bay Area to gain access to a broader pool of engineering talent and, in some cases, in response to high house prices and other housing costs. life in the region.

For example, Oracle announced that it will move its headquarters to Austin, Texas, last year. Mountain View-based Google is spending $ 1 billion on a new campus in New York City and is rebuilding an old shopping center in Los Angeles. Amazon’s second headquarters in Arlington, Virginia, currently has 1,600 employees out of the planned 25,000.

One of two Apple campuses in Austin. Texas' Apple operations are second only to the Cupertino/Bay Area in California. Apple employs more than 8,000 people in the Lone Star State.
Source: CBCN

On Monday, Apple also said it was expanding rapidly in other cities where it has engineering operations. It plans to employ 5,000 people in San Diego, California, 3,000 people in Culver City in Los Angeles and 700 employees in Boulder, Colorado by 2026. Apple also said it employs 1,000 people in Seattle, Washington, and plans to double to 2,000. In total, Apple said it plans to add 20,000 jobs in the U.S. over the next five years.

Still, Apple will continue to be based in Silicon Valley, where it has about 25,000 employees, including 12,000 employees at its headquarters in the form of a loop. In total, including retail workers, Apple has 147,000 full-time employees, the company said last year in a lawsuit.

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