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Tech Boomtown Seattle Grapples with Fewer Tech Jobs
Near Microsoft's headquarters in Redmond, the Five Stones coffee shop advertised for a barista a few months ago — and started getting resumes from "people who listed Microsoft and other tech companies," writes the Wall Street Journal: The applicants typically had master's degrees and experien...
Five Stones hasn't yet hired such candidates because the coffee shop gives priority to more traditional entry-level baristas, like high-schoolers...[Microsoft and Amazon] have laid off more than 46,000 employees since 2023, according to Layoffs.fyi, which tracks workforce reductions. Restaurant and retail spending is down in the business and shopping districts surrounding Amazon's and Microsoft's campuses, with total transactions falling by as much as 7% in some popular areas in the past year, according to data from Square. "There are moments where you can be online, and in certain areas, it shows nothing...." Seattle tech firms are asking for significantly fewer job placements than years ago, said Noelle McDonald, senior vice president at recruiting company Aquent, which counts Amazon and Microsoft as clients.
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