# A billboard in Seattle in 1971 asked: “Will The Last Person Leaving Seattle Turn Out The Lights?” A reference to the Boeing company’s decision to lay off 40,000 local employees.

*business · news · 2026-05-24 · The Spectator*

## Key points

- Starbucks is relocating 2,000 employees to Nashville, opening a major new hub there.
- Seattle is projected to lose $750 million in tax revenue over the next decade due to the Starbucks move.
- A forensic audit found $13 million missing from Seattle's Homeless Authority amidst a $44.7 million deficit.
- Seattle now has the third largest homeless population in the U.S., with approximately 25,000 unhoused people.

**Companies:** Boeing, Starbucks, Microsoft, Amazon
**Countries:** United States

[Read the full story on The Spectator](https://spectator.com/article/a-progressive-mayor-puts-seattle-to-sleep/)

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