Apple Inc. announced 20,000 new jobs and will invest $38 billion for taxes on the cash which it has kept overseas. The tech giant said the vow will be facilitated in the United States over the five forthcoming years.
On Wednesday, American multinational technology company declared that the lower US taxes applied on the international revenues will permit it to invest much more in the country. However, much of the money will be sent to the capital expenditures, which will include over $10 billion to the data centers across the United States.
Already possessing data centers in seven states in the US, the company broke ground on Wednesday for the new data center at Reno, Nevada. while, Apple has not yet declared the more details about the specific types of jobs, which will be a part of the hiring push like as the major expected chances of job types are as the sales staff for its large number of Apple stores or as the technical workers or software engineers.
Apple also informed that it is planning to add more workers at the company’s second campus, which is expected to house a technical support initially for customers. Since, the company didn’t disclose the location where the facility will exposed.
Tim Cook, CEO of Apple said in a statement that, “Apple is a success story that could only have happened in America, and we are proud to build on our long history of support for the U.S. economy. We believe deeply in the power of American ingenuity, and we are focusing our investments in areas where we can have a direct impact on job creation and job preparedness.”