Good morning. Welcome to Axios today. It's Thursday, January 5th. I'm Nyla Poo. Here's

what we're watching. After another day of voting, there's still no speaker of the U.S.

House. Plus Israel's new government draws American criticism. But first, major job cuts

for Amazon's workforce. That's today's one big thing.

On announced yesterday that it will cut more than 18,000 jobs. The largest of the recent

tech layoffs. Axios' chief technology correspondent, Ena Fried, is here to put that into context

for us. Ena, what do we know about these layoffs?

Well, it is the largest by number of any of the tech companies. 18,000 is more than the

cuts we've seen at Meta, at Snap, at Twitter. But it is a reflection of how large Amazon

is. Other companies are cutting deeper. If you look at Twitter, it lost more than half

their staff. Obviously, Twitter is a little bit of a unique case. But what we are seeing

is a lot of companies looking at what they do and trying to figure out what might not

be the best thing in a down economy. And so even on Wednesday, Amazon was not alone

in announcing cuts. We saw Salesforce say they're going to cut 10% of staff. We saw Vimeo,

the video site say they're going to cut 11% of staff. So I think everyone is looking

at their workforce and saying, where might we be able to cut back?

So these are 18,000 jobs at Amazon. Do we know in what part of the company?

These cuts, those 18,000 jobs that are being eliminated include both some that were made

last year, which focused largely on the technology unit that comes up with products like Alexa

Speakers, as well as newly announced cuts, which are more broad. They said they'll include

the people and technology team, as well as Amazon stores.

Because Amazon is so big, how much do cuts at Amazon multiply or ripple effect across

...