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Coronavirus economy: Official warnings of job cuts mount in Bay Area, California

Coronavirus economy: Official warnings of job cuts mount in Bay Area, California

4 years ago
Anonymous $9CO2RSACsf

https://www.mercurynews.com/2020/04/10/coronavirus-economy-job-cuts-bay-area-california-layoff-tech-hotel-restaurant-winery-retail/

SAN JOSE — The number of layoffs or furloughs being planned by Bay Area companies has soared by a jaw-dropping 10 times compared with the plans that were in the works just 15 days ago, according to official state records that this news organization reviewed Friday.

Over the 15 days that ended on April 10, Bay Area employers filed notices of planned layoffs totaling 18,500 — more than 10 times as great as the 1,300 that were being planned in the Bay Area over the 15 days that ended on March 25, state Employment Development Department documents show.

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