Massive tech company layoffs might jeopardize Bay Area jobs rebound: experts
https://www.siliconvalley.com/2022/11/09/tech-layoff-jeopardize-bay-area-job-economy-rebound-facebook-twitter/
MENLO PARK — A so-far relentless surge of job cuts in the once-robust tech industry could imperil what has already been a sluggish rebound by the Bay Area’s employment market from coronavirus-linked woes, experts say.
“These tech layoffs could affect other companies,” said Russell Hancock, president of Joint Venture Silicon Valley, a San Jose-based think tank. “A sneeze in the tech sector could mean the flu for the rest of the job market.”
Massive tech company layoffs might jeopardize Bay Area jobs rebound: experts
Nov 10, 2022, 12:26am UTC
https://www.siliconvalley.com/2022/11/09/tech-layoff-jeopardize-bay-area-job-economy-rebound-facebook-twitter/
> MENLO PARK — A so-far relentless surge of job cuts in the once-robust tech industry could imperil what has already been a sluggish rebound by the Bay Area’s employment market from coronavirus-linked woes, experts say.
> “These tech layoffs could affect other companies,” said Russell Hancock, president of Joint Venture Silicon Valley, a San Jose-based think tank. “A sneeze in the tech sector could mean the flu for the rest of the job market.”