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Supply Chain Movement
MARCH 3, 2023
In the space of one week, Amazon and Microsoft announced layoffs affecting 20,000 people. This sent shockwaves in Seattle, a city that has been living in a tech bubble for the past decade or so. The ‘tech-cession’ has been rumbling on for a few months now. Although it initially affected smaller tech start-ups, it seems that even tech hyperscales like Amazon and Microsoft can no longer escape this significant shakeout.
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