Navigated to 16,000 Amazon employees just lost their jobs. Are we in a tech recession?

16,000 Amazon employees just lost their jobs. Are we in a tech recession?

January 28
13 mins

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Episode Description

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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Booming is a production of KUOW in Seattle, a proud member of the NPR Network. Our editor is Carol Smith. Our producers are Lucy Soucek and Alec Cowan. Our hosts are Joshua McNichols and Monica Nickelsburg.

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