More big tech layoffs to start the new year

03:41

January 05, 2023

A company logo is seen at the entrance of Amazon. (Michel Spingler/AP)

Amazon is laying off a record 18,000 employees this year. Salesforce is cutting 10% of its staff too. Last year ended with widespread layoffs in the once-invincible tech sector. So what gives?

MSNBC economics correspondent and anchor Ali Velshi joins Here & Now's Deepa Fernandes for the latest.

This segment aired on January 5, 2023.

Here & Now: Editors' Picks