Hundreds of fresh Bay Area layoffs jolt tech and biotech firms at year’s end
https://www.siliconvalley.com/2023/01/03/tech-biotech-layoff-job-cut-economy-argo-ai-global-foundry-abcam/
PALO ALTO — Hundreds of job cuts jolted the wobbly tech and biotech sectors in a fresh round of job cuts affecting Bay Area workers, according to new official filings that have just been received by the state’s labor agency.
Argo AI, Global Foundries and Abcam Milpitas have decided to jettison a combined total of more than 300 jobs, WARN notices sent to the state Employment Development Department show.