Apple is planning to invest at least another $100 million into building out its new Austin campus, the Austin Business Journal reports Friday.
Cody Baird for Austin Business Journal:
It’s welcome news for a city — and real estate sector — that has been put at risk by big tech employers lately as recession fears loom and the work-from-home model prevails. Facebook is slimming down in Austin, backing out of space it was to take in Austin’s next tallest skyscraper. News of coming layoffs at Amazon.com Inc. and Google Inc. has left many real estate pros on pins and needles.
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