Posted on 04/26/2023 9:44:26 AM PDT by george76
Latest job cuts point to ongoing weakness in tech sector..
SAN JOSE — Hundreds more tech and biotech layoffs have rattled the Bay Area job market, cutbacks that hint the sectors are still wobbly and have yet to shift back into hiring mode.
IBM, Accenture, Amplitude and Myovant Sciences are among the most recent companies to reveal staffing cutbacks in the Bay Area, according to documents on file with the state’s labor agency.
The most recent layoffs produced a combined total job loss of just over 300 positions in the Bay Area.
...
All told, starting in July 2022, tech and biotech companies have filed WARN letters with the EDD that detailed plans for well over 24,000 layoffs in the Bay Area.
These 10 tech companies have eliminated the most jobs in the Bay Area starting in July 2022, the WARN letters show:
Facebook owner Meta Platforms, 2,564 job cuts in Menlo Park, San Francisco, Fremont, Sunnyvale and Burlingame.
Google, 1,608 layoffs in Mountain View, Moffett Field, San Bruno and Palo Alto.
Salesforce, 1,151 staff cutbacks in San Francisco Twitter, 900 layoffs in San Francisco and San Jose Cisco Systems, 673 job cuts in San Jose, Milpitas and San Francisco.
...
Amazon, 524 staffing cuts in Sunnyvale and San Francisco Intel, 490 job cuts in Santa Clara and San Jose.
(Excerpt) Read more at mercurynews.com ...
the voted for this - let them enjoy their decision
How many H1Bs were laidoff? How many Americans were laidoff?
Thank goodness they economy is thriving and recovering so well..........oh?!
And yet they will still vote for Joe in 2024…… guess I understand the band playing on the Titanic as it sank…….. oh, oh remember Bad Man Orange 🤣🤣🤣🤣🤣🤣
The economy is doing great! - Biden....................
Learn to co... oops!
That $5k/month mortgage and property taxes will be hard to sustain.
These people now have the personal freedom [did you hear that BiXiden is all about creating personal freedom?] to create Art.
They should learn to code..............oh, wait................
I hope Bernadette is ok.
I want to go to S.F. and do a “public transit day.” Full size train in from San Jose, then the buses around town, then B.A.R.T., concluding with the picturesque cable cars.
Then I’ll journey down to L.A. in just a few hours on their neat high-speed bullet train. California’s great and their voters and government is the smartest ever!! s/
A lot of the laid off probably were all comfy with the idea of their employers censoring the people on the right. They got Biden elected and they got a Democrat senate and almost kept a democrat house. Now they are going to be moving out of their expensive condos into their parents’ basements and some may end up in tents down by the freeway. I am not feeling really sympathetic which I am sorry to admit but sometimes you have to hit rock bottom good and hard to get your head straight.
They likely blame Republicans.
Beat me to it. Great minds with but a single thought. I’m guessing not many.
Learn to dig.
Who’s going to be left to pay reparations?
300 jobs lost “jolts” the Bay Area of 7.75 million population? Did the fire every CEO?
The monster they created and applauded for at some point was going to come back and bite them in the butt and it’s beginning to look that way. Welcome to the beginning stage of the android AI world. Humans need NOT apply!
The College of Hard Knocks is an outstanding teacher.
Wasn’t it Pelosi that stated unemployment sets you free?
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