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New waves of tech layoffs will eliminate more than 1,000 Bay Area jobs

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Five tech companies, including software and hardware firms, have revealed plans to slash well over 1,000 Bay Area jobs, marking a fresh wave of cutbacks, new state government filings show.

Lam Research, Salesforce, Workday, Splunk and Autodesk have disclosed their intentions to eliminate about 1,089 jobs at an array of Bay Area locations, WARN notices on file with the state Employment Development Department.

Here's how many jobs are being eliminated by each company involved, and the locations of the cutbacks, according to the WARN notices:

  • Lam Research is cutting 400 jobs in the East Bay. These are roughly equally split into 200 layoffs in Fremont and 200 staffing reductions in Livermore.
  • Salesforce is cutting 258 jobs in San Francisco. These are on top of the company's prior revelation of 752 terminations, also in San Francisco.
  • Workday is eliminating 196 jobs in Pleasanton.
  • Splunk is cutting 174 positions, including 73 in San Jose, 67 in San Francisco and 34 remote positions.
  • Autodesk is laying off 61 workers in San Francisco.

A slew of tech and biotech companies have disclosed plans to eliminate a huge number of jobs in the Bay Area and nationwide.

Facebook app owner Meta Platforms, Google, Cepheid, Twitter, Salesforce, Inviate, Cisco Systems, Amazon, Doordash, Intel, Oracle America, Lam Research, Roku, Snap, Tesla, Workday and Spunk are among the high-profile tech or biotech firms that have unveiled plans for completed or upcoming job cuts.

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Citation: New waves of tech layoffs will eliminate more than 1,000 Bay Area jobs (2023, February 6) retrieved 24 June 2024 from https://techxplore.com/news/2023-02-tech-layoffs-bay-area-jobs.html
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