Amazon, Microsoft Layoffs: Tech Job Cuts Hurt Seattle Economy Inc. and Microsoft Corp. job cuts mean the Seattle area, like many cities, is still struggling to recover from the pandemic-era devastation of the U.S.’s second-largest economy, the commuter economy. is the latest blow for – Largest tech hub.

Number of jobs lost – at least For the two companies combined, 28,000 people worldwide might seem low for a region that employs more than 2.1 million people. But this is a psychological blow that makes investors reluctant to start new projects and even more reluctant to restart or expand their businesses.

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