Walmart lays off Seattle-area tech workers | WeWork shutting down Capitol Hill location

Walmart cuts Seattle-area tech jobs: The retail giant is laying off 62 workers and closing an office in Redmond, Wash., in a move related to the shutdown of an innovation unit called Store No8. Walmart will maintain its office in Bellevue. Read more.?

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WeWork to close Capitol Hill location: The co-working company, once valued at $47 billion, is vacating a signature office space in Seattle as it continues to deal with restructuring amid its recent bankruptcy filing. Read more.

Companies are increasingly using AI to speed up software development, but at what cost? That’s the focus of a new study?from GitClear and Bill Harding examining how the use of AI tools like GitHub Copilot could be detrimental to overall code quality. Read more.?

Tech Moves: WellSaid taps a new CEO Brian Cook ; F5 hires a CISO; Slalom adds execs Amy Loftus Kristine Santa-Coloma Rohls ; and more key personnel changes.?

What happens to all that stuff shoppers return? Truckloads of goods destined for warehouses, the liquidation market, bin stores or landfills could end up on online auction marketplace Wander, a new startup from serial entrepreneur Jordan Allen, who previously founded Stay Alfred and Doorsey out of Spokane, Wash. Read more.?

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Hot Links:

• Oregon-based investment firm Elevate Capital Fund is gearing up to raise a $100 million fund. (Portland Business Journal)
• Amazon-owned MGM Studios scored five Oscar nominations, including a Best Picture nod, for the film “American Fiction,” as CEO Andy Jassy gave the movie a thumbs up. “Oppenheimer” led the pack with 11 nominations. (The Hollywood Reporter)
• Detectives in Renton, Wash., are investigating two stalking cases involving Apple AirTag devices that were attached to victims’ cars. (Renton PD)

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