October: get city council to vote waving paying taxes for 10years on the new building being built (250,000sqft) in exchange for 500 job creations
Today: 300 people laid off in Sugar Land (unverified).
Tax payers (some laid off) will foot the bill.
5 replies (most recent on top)
I work in sugar land, building 110. I have not seen or heard of any layoffs on campus, managers or otherwise.
http://blog.chron.com/primeproperty/2015/10/sugar-land-city-council-approves-incentive-package-for-schlumberger-campus/
This site states that taxpayers will pay 2.5 millions to this company
Instead of them paying property tax (3% of 200 million every year?)
Managers got the axe in sugar land. Confirmed.
None according to LDAP
Who can verify if there were layoffs?