Jessica Kriegel on how tech layoffs affect innovation

You cannot have innovation in the same environment that has fear.  There's a massive lack of psychological safety for employees with all of these layoffs happening and that's making them less innovative, which you're noticing with these companies.  Amazon and Meta - they're historically known as being innovative companies, but what have they done lately that's very innovative?  I think the culture of fear is taking over and they're suffering as a result.

~ Jessica Kriegel, Culture Partners, interview with Joe Kernen, CNBC, 2:45 mark, May 1, 2023