Booming 16,000 Amazon employees just lost their jobs. Are we in a tech recession?
This week, Amazon announced it's laying off 16,000 employees.
It’s part two of a continued downsizing Amazon started in October, when it laid of 14,000 employees. Taken together, this is Amazon’s biggest reduction in force ever. This week's layoffs are also the latest in a series of tech downsizings over the past few years that have pushed Seattle’s unemployment rate well above the national rate.
On today's episode, is Seattle facing a tech recession?
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