Microsoft and Amazon job cuts mark new phase for tech industry

Ear-cleaning device heads to market | Fireball lights up skies over Seattle ADVERTISEMENT [GeekWire]( SPONSOR MESSAGE: Experience Smartsheet ENGAGE 2022 with GeekWire Studios: [Watch multiple interviews and partner profiles here!]( TODAY'S TOP STORIES Big Tech’s big boom is over. But the sector overall is a long way from a bust. - That’s the assessment from business and community leaders in the home of Microsoft and Amazon on one of the gloomiest days in Seattle tech history. - Redmond, Wash.-based [Microsoft announced Wednesday morning that it will cut 10,000 jobs]( about 5% of its workforce, including an initial 878 positions in the Seattle region. Meanwhile, Amazon on Wednesday began the latest phase of [its 18,000-person layoff]( the largest in its history, impacting sites including its Seattle headquarters. - For now, at least, tech leaders see in the cutbacks not a retrenchment for the industry but rather a rebalancing of power after a decade of remarkable growth for Microsoft, Amazon, and other big companies. [Read our analysis](. “We want to essentially do for your ears what Sonicare and electric toothbrush companies have done for teeth.” - That’s the mission of SafKan Health, a Seattle startup that has garnered funding and FDA approval for its ear-cleaning device (above) that removes earwax and aims to supplant current clinical approaches to removing built up gunk. [Read more](. It’s a bird, it’s a plane … nope, it’s a fireball burning up over Seattle. - Seattle engineer/photographer Corey Clarke’s webcam happened to be pointing in the right direction to record a fireball’s flash through wispy clouds Monday night. Such fireworks flash when a piece of space debris streaks through the upper layers of the atmosphere and explodes. [Read more](. Seattle startup Membrion raised $7 million to boost manufacturing of its ceramic membranes that treat wastewater. - The University of Washington spinout’s tech can treat toxic runoff from manufacturing processes, removing salt and heavy metals such as lead, mercury, arsenic and copper. [Read more.]( Thanks for reading and have a great day. — GeekWire managing editor Taylor Soper, taylor@geekwire.com, and reporter Kurt Schlosser, kurt@geekwire.com. SPONSOR MESSAGE [GeekWire Studios at Smartsheet ENGAGE 2022]( Experience Smartsheet ENGAGE 2022 with GeekWire Studios, including multiple interviews and partner profiles. [Watch here!]( LATEST HEADLINES [Boeing wins $425M in NASA backing to demonstrate super-fuel-efficient airplane]( [Microsoft and Amazon job cuts mark new phase for tech industry after decade of massive growth]( [Membrion, a startup building ceramic membranes for wastewater treatment, raises $7M]( [Full memo: Microsoft to cut 10k jobs, about 5% of workforce, and take $1.2B restructuring charge]( [Mexico’s Aerus airline signs up for 30 electric airplanes to be built by Eviation]( [Fireball lights up the skies over Seattle]( [Earwax-removal device heads to market with $8M, FDA clearance and a viral TikTok video]( [Microsoft reportedly to lay off employees this week]( GEEKWORK: TODAY'S TECH JOBS - [Remitly: Senior Mobile Software Development Engineer – B2B Platform (Seattle or U.S. Remote)]( - [MedBridge: Software Engineer III (Back end)]( - [Remitly: Senior Software Engineer, Fraud Prevention]( - [MovingWorlds: Senior Fullstack Engineer for Scaling Social Enterprise]( - [Remitly: Engineering Manager, Lending]( [FIND MORE JOBS ON GEEKWORK]( [HIRING? BUY A FEATURED LISTING TO APPEAR HERE]( [About GeekWire]( [Contact Us]( [Advertise]( Copyright © 2023 GeekWire LLC, All rights reserved. You are receiving this email because you opted to receive emails from GeekWire LLC.  Our mailing address is: GeekWire LLC 123 NW 36th St, Suite 203 Seattle, WA 98107  [change email frequency or address]( | [unsubscribe](