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Tech, biotech layoffs jolt Bay Area job market as staff cutbacks widen

Tech, biotech layoffs jolt Bay Area job market as staff cutbacks widen

a year ago
Anonymous $oNW8tt9dEO

https://www.siliconvalley.com/2024/01/02/tech-biotech-job-layoff-economy-facebook-google-vmware-salesforce-cisco/

Tech and biotech companies have revealed plans to slash the jobs of hundreds more of their Bay Area workers, capping off a brutal year for employment reductions in the technology sector.

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Renesas Electronics, Western Digital, Thermo Fisher Scientific and Talis Biomedical disclosed decisions to conduct employment reductions affecting their workers in the Bay Area, according to official WARN letters that the companies sent to the state Employment Development Department.

Tech, biotech layoffs jolt Bay Area job market as staff cutbacks widen

Jan 2, 2024, 2:15pm UTC
https://www.siliconvalley.com/2024/01/02/tech-biotech-job-layoff-economy-facebook-google-vmware-salesforce-cisco/ > Tech and biotech companies have revealed plans to slash the jobs of hundreds more of their Bay Area workers, capping off a brutal year for employment reductions in the technology sector. > Related Articles Economy | What to expect at work in 2024 Economy | ‘Not your grandparents’ post office:’ The future USPS being tested in California Economy | Bay Area adds jobs in November, fueled by big South Bay gains Economy | Tech company plans big-time upgrade of San Jose campus Economy | California raising minimum wage for 2 industries. Others could see pay hikes, too Renesas Electronics, Western Digital, Thermo Fisher Scientific and Talis Biomedical disclosed decisions to conduct employment reductions affecting their workers in the Bay Area, according to official WARN letters that the companies sent to the state Employment Development Department.