Seattle’s Tech Boom Hits a Wall | Seattle News

Seattle’s tech boom is hitting a wall—major layoffs, flat job growth for five years, and construction cranes gone quiet. The city’s over-reliance on big tech giants, which created 74% of jobs since 2014, is now a liability as AI disrupts the industry. In response, the mayor launched a task force to level the playing field, aiming to support small businesses with smarter policies, funding, and permits—with early ideas due by February. Some are eyeing Bellevue’s more business-friendly vibe as a blueprint to keep Seattle competitive and resilient.

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