March 13, 2023

This article has been reviewed according to Science X's editorial process and policies. Editors have highlighted the following attributes while ensuring the content's credibility:

fact-checked
reputable news agency
proofread

Hundreds more tech, biotech layoffs hit Bay Area, Google real estate ally cuts jobs

Credit: Unsplash/CC0 Public Domain
× close
Credit: Unsplash/CC0 Public Domain

About 600 more tech and biotech layoffs rocked the Bay Area job market in a fresh round of cutbacks that suggest the staffing reductions in the region have yet to run their course, new state government filings show.

Four , two and a real estate ally of Google that's been jolted by the search giant's development slowdown are among the most recent firms to reveal layoff plans to the Employment Development Department.

Here are the details for the latest staffing reduction plans reported to the EDD through an array of WARN notices:

The companies that disclosed the most recent group of layoffs are eliminating a combined total of 589 jobs in the Bay Area, including the staffing reductions revealed by Lendlease.

Since mid-2022, tech and biotech companies have revealed plans to eliminate more than 22,800 jobs in the Bay Area. Some layoffs have occurred, and other cutbacks are upcoming.

Load comments (0)