More than 6,000 tech and biotech job cuts roil Bay Area economy

More than 6,000 tech and biotech job cuts roil Bay Area economy

a year ago
Anonymous $_PGtSJbg8h

https://www.eastbaytimes.com/2022/11/21/tech-biotech-job-layoff-6000-bay-area-economy-facebook-twitter-cisco/

As recessionary pressures continue to mount around the region and across the country, tech and biotech companies have now revealed plans for enough job cuts to erase more than 6,000 jobs in the Bay Area, cutbacks that could weigh on the region’s economy in the weeks and months to come.

Job cuts affecting thousands of workers in the Bay Area have been submitted to California labor officials starting in early October, according to this news organization’s analysis of WARN letters and posts on the state Employment Development site.