Bay area tech layoffs – Page 2

OpenAI Announces Nearly 500,000 Square Foot Office Lease In San Francisco

October 31, 2023 5:45 pmOctober 31, 2023 5:45 pm

The largest office leasing in San Francisco since 2018 was finalized on Tuesday as OpenAI, one of the largest artificial intelligence companies in the world, moved into two buildings at San Francisco’s Mission Bay Headquarters comprising of nearly 500,000 square...

Intel Announces 140 More Job Cuts In Latest California Tech Sector Layoffs

August 18, 2023 11:56 amAugust 18, 2023 11:56 am

Mass tech layoffs returned to the Bay Area on Thursday following a relatively calm summer, with Intel announcing that an additional 140 employees are to be let go by the end of the month. Beginning in October of last year,...

San Francisco’s 165-Year Old GUMP’S CEO Scorns Politicians for Crime, Homeless Drug Addicts

August 14, 2023 8:20 amAugust 14, 2023 8:23 am

Gump’s is a luxury American home furnishings and home décor retailer, founded in 1861 in San Francisco, California. Except today, Gump’s is under siege. Homeless drug addicts, thievery, ramifications of COVID policies, harassment of the public and the defiled city...

San Francisco Office Vacancies Hit New Record – Nearly One-Third are Empty

June 27, 2023 1:11 pmJune 27, 2023 1:11 pm

According to a new study released Tuesday, San Francisco’s office vacancy rate hit a new high of 31.8% in the second quarter of 2023, climbing up from 29.4% earlier this year as the economic situation in San Francisco continues to...

Leaving London: San Francisco’s Voters Abandoning Mayor London Breed

May 24, 2023 3:40 pmMay 24, 2023 3:51 pm

A just released poll of San Francisco voters reveals Mayor London Breed has failed to learn from lessons of last year’s several elected officials’ recalls due to crime, diminished quality of life, lack of accountability and failing education for our...

New Mayoral Poll Finds 60% Of San Francisco Residents Disapprove Of Mayor London Breed

May 22, 2023 6:20 pmMay 22, 2023 6:20 pm

A new poll released during the weekend found that the majority of San Francisco residents are unhappy with Mayor London Breed and the direction that the city is going. Only 1/3rd of all residents have a favorable opinion of the...

San Francisco Office Vacancy Rates Rise To Nearly 30% In First Quarter 2023

March 28, 2023 3:04 pmMarch 28, 2023 3:06 pm

The office vacancy rate for San Francisco rose to 29.4% during the first quarter of 2023 according to a new study on Tuesday, with the continued pullout of tech firms due to massive downsizing cited as the main reason. Before...