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Amazon's 16,000 job cuts announced this week include about 1,400 in Seattle and approximately 700 in the neighboring suburb of Bellevue, according to documents filed with state and local authorities.
Those losses follow an October round of layoffs that impacted more than 2,000 Amazon employees in the region. Other tech companies have also shed jobs this year in the Seattle area: Expedia cut 162 jobs on Wednesday and Meta Platforms cut 331 jobs last week.
Amazon layoffs
Amazon executives have said the layoffs will help ease bureaucracy by cutting management layers, but the job losses add to the feeling that Seattle’s tech industry is languishing.
Business leaders say higher taxes that state legislators are proposing on large companies and wealthy individuals could make matters worse. Last year, Washington state added $9 billion in new taxes.
The four Washington State counties within commuting distance of Seattle lost nearly 13,000 jobs last year, according to a report this week from the Puget Sound Regional Council. With the exception of the Covid pandemic in 2020, it was the first year of negative job creation since the Great Recession in 2009.
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Amazon layoffs
Amazon executives have said the layoffs will help ease bureaucracy by cutting management layers, but the job losses add to the feeling that Seattle’s tech industry is languishing.
Business leaders say higher taxes that state legislators are proposing on large companies and wealthy individuals could make matters worse. Last year, Washington state added $9 billion in new taxes.
The four Washington State counties within commuting distance of Seattle lost nearly 13,000 jobs last year, according to a report this week from the Puget Sound Regional Council. With the exception of the Covid pandemic in 2020, it was the first year of negative job creation since the Great Recession in 2009.