Tech job cuts ease a bit in Bay Area as industry layoffs haunt region

Tech job cuts ease a bit in Bay Area as industry layoffs haunt region

7 months ago
Anonymous $6hYC3Wwiad

https://www.siliconvalley.com/2024/05/15/economy-jobs-tech-layoff-facebook-google-intel-amazon-apple-tesla/

The Bay Area’s wobbly tech industry is showing signs of stabilizing after suffering years-long waves of wrenching layoffs unleashed by the sector’s quest for improved efficiency.

While job losses at major companies like Tesla still haunt the region’s tech industry, which is being battered by staffing reductions, plant shutdowns, consolidations and reorganizations, cutbacks are now less severe overall.

Tech job cuts ease a bit in Bay Area as industry layoffs haunt region

Wed May 15, 1:16pm UTC
https://www.siliconvalley.com/2024/05/15/economy-jobs-tech-layoff-facebook-google-intel-amazon-apple-tesla/ > The Bay Area’s wobbly tech industry is showing signs of stabilizing after suffering years-long waves of wrenching layoffs unleashed by the sector’s quest for improved efficiency. > While job losses at major companies like Tesla still haunt the region’s tech industry, which is being battered by staffing reductions, plant shutdowns, consolidations and reorganizations, cutbacks are now less severe overall.