The Waymo layoffs are just the latest example of a new reality that has settled over Big Tech: The age of the moonshots is over. His departure was followed by news that most of the group’s projects would be shut down, including Amazon Glow, a projector device for kids, and Amazon Explore, a virtual tourism product. The shift is a major change for the tech industry’s culture, where employees would jump from well-paying jobs at Big Tech companies to risky start-ups, comfortable in the assumption that they could return if the smaller company didn’t work out