Job cuts at Amazon.com Inc. and Microsoft Corp. are the latest blow to the Seattle region, which is still struggling to recover from a devastation of the pandemic-era commuter economy that, like many cities, is America’s second blood. -The biggest technology center.
The number of jobs lost – at least 28,000 globally between the two companies – may seem small for a region that employs more than 2.1 million. But it’s a psychological blow that will make investors reluctant to start new projects and businesses even more reluctant to reopen or expand.