GeekWire

Layoffs land at Amazon HQ; Redfin's reversal; Jeff B and Jay-Z


Listen Later

Amazon became the latest tech giant to make layoffs in its corporate workforce this week in the face of the economic downturn, but the manner in which the plan unfolded left some employees scratching their heads, at best.

Foreshadowed in a Nov. 10 Wall Street Journal report foreshadowing cutbacks in Amazon's devices division, the scope became clear with a New York Times report Nov. 14, saying that the company planned to lay off about 10,000 corporate and tech workers. But that number was an approximation, not a precise count or a specific target, because Amazon is leaving the decisions to leaders in its divisions.

It also took couple days for Amazon to officially acknowledge the layoffs, with a memo from Devices and Services chief Dave Limp, and later from Amazon CEO Andy Jassy, explaining that the job cuts could extend into next year. 

The reaction was a mix of frustration, fear, uncertainty, and also acceptance, as GeekWire reporter Kurt Schlosser discovered when he visited the Amazon campus in Seattle this week. Kurt joins us to share what he saw and heard.

Also this week: the impact of the downturn on high-tech real estate brokerage Redfin, and our thoughts on a potential collaboration between Jeff Bezos and Jay-Z

Share your perspective for next week's show: What are you thankful for in tech? Is there a technology that has changed your life, your job, or your company for the better this year? Or a trend in the economy or the industry that you're especially grateful to see? Send a message or a voice memo with your thoughts to [email protected] for a chance to be included in next week's episode.

With GeekWire co-founders John Cook and Todd Bishop.

See omnystudio.com/listener for privacy information.

...more
View all episodesView all episodes
Download on the App Store

GeekWireBy GeekWire

  • 4.8
  • 4.8
  • 4.8
  • 4.8
  • 4.8

4.8

115 ratings


More shows like GeekWire

View all
This Week in Startups by Jason Calacanis

This Week in Startups

1,270 Listeners

a16z Podcast by Andreessen Horowitz

a16z Podcast

995 Listeners

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch by Harry Stebbings

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

513 Listeners

Pivot by New York Magazine

Pivot

8,779 Listeners

Fintech Insider Podcast by 11:FS by 11:FS

Fintech Insider Podcast by 11:FS

186 Listeners

Equity by TechCrunch, Mary Ann Azevedo, Kell, Theresa Loconsolo, Rebecca Bellan, Kirsten Korosec, Devin Coldewey, Margaux MacColl

Equity

341 Listeners

Masters of Scale by WaitWhat

Masters of Scale

3,968 Listeners

Techmeme Ride Home by Ride Home Media

Techmeme Ride Home

946 Listeners

Big Technology Podcast by Alex Kantrowitz

Big Technology Podcast

397 Listeners

Volts by David Roberts

Volts

573 Listeners

WorkLab by Microsoft

WorkLab

52 Listeners

Sharp Tech with Ben Thompson by Ben Thompson

Sharp Tech with Ben Thompson

91 Listeners

Possible by Reid Hoffman

Possible

94 Listeners

BG2Pod with Brad Gerstner and Bill Gurley by BG2Pod

BG2Pod with Brad Gerstner and Bill Gurley

433 Listeners

Prof G Markets by Vox Media Podcast Network

Prof G Markets

799 Listeners