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Seattle’s tech paradox: Amazon's layoffs and the AI boom — or is it a bubble?
Why is Amazon laying off 14,000 people during a massive AI boom? Todd and John analyze the Seattle tech paradox, digging into Andy Jassy's 'startup' reasoning and debating whether the AI frenzy is a bubble. Then, they take on the Cascadia high-speed rail: a necessary connector or a misguided project?
Related headlines from the week
Amazon layoffs
- Amazon confirms 14,000 job cuts, says push for ‘efficiency gains’ will continue into 2026
- A tale of two Seattles in the age of AI: Harsh realities and new hope for the tech community
- Filing: Amazon cuts more than 2,300 jobs in Washington state as part of broader layoffs
- Amazon layoffs hit software engineers hardest in Washington
- Amazon layoffs reaction: ‘Thought I was a top performer but guess I’m expendable’
- Amazon CEO says massive corporate layoffs were about agility — not AI or cost-cutting
Amazon earnings
- Amazon stock soars 11% after topping Q3 estimates with $180B in revenue, $21B in profits
- Amazon’s Anthropic investment boosts its quarterly profits by $9.5B
- ‘Big Beautiful’ tax benefit: Amazon and other tech giants reap the rewards of new law, for now
Microsoft Azure, earnings and OpenAI
- Microsoft’s Azure reports cloud outage, disrupting global customers including Alaska Airlines
- Microsoft beats expectations, reports nearly $35B in Q1 capital spending amid Azure outage
- Microsoft gets 27% stake in OpenAI, and a $250B Azure commitment
Seattle-Portland-Vancouver
- Slowly but surely, high-speed rail backers believe Cascadia mega-project will become a reality
- Cascadia’s AI paradox: A world-leading opportunity threatened by rising costs and a talent crunch
- The ‘enormous barrier’ that threatens economic growth in the Pacific Northwest
- Published on 1 week, 5 days ago