AGP Executive Report
Last update: 3 hours agoWorkforce: The Trump administration suspended Redmond-based Microsoft from the federal green-card sponsorship program, alleging the company replaced laid-off U.S. workers with H-1B employees. Microsoft had not publicly responded in the reports, and the allegations remain unproven. Investment: Gov. Bob Ferguson nominated 99 rural and low-income communities across 27 counties and 17 tribal lands for federal Opportunity Zone tax incentives, with designations set to begin in 2027. Layoffs: Amazon confirmed hundreds of global job cuts, mainly in its retail business; Washington has seen nearly 300 additional company layoffs since January, according to state filings cited in coverage. Business costs: Seattle’s minimum wage is set to rise to $22.14 an hour in 2027, drawing concern from small businesses, while a report says the city’s tax burden has shifted toward businesses as jobs have declined. Tax debate: Washington voters could decide next month whether to repeal the state’s new high-earner income tax, with supporters warning it may drive away businesses and opponents pointing to funding for public services.
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