
Tech companies trim hundreds more Bay Area jobs — yet layoff pace slows
https://www.siliconvalley.com/2024/10/28/bay-area-tech-jobs-economy-work-layoff-medical-silicon-valley-internet/
Tech companies have revealed plans to trim hundreds more Bay Area jobs but the current pace of staffing cutbacks in the sector are less than they were during the first half of 2024.
While 2024 is far from over, some benchmarks suggest the pace of tech layoffs in the Bay Area is greatly reduced compared with what occurred during the first six months of this year, according to this news organization’s compilation of the WARN notices on file with the state’s labor agency.