Meta – Page 3 – California Globe

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...

Newest Mass Layoffs Strike San Francisco: Over 2,000 Jobs Lost At Gap, Dropbox

April 27, 2023 12:30 pmApril 27, 2023 3:23 pm

Two major San Francisco-based companies announced mass layoffs on Thursday, with Gap announcing that 1,800 corporate positions will be cut and Dropbox announcing that 16% of all employees, or around 500 people, will be let go. Beginning in October of...

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...

Bill Requires More Notice From Companies Before Mass Layoffs

March 15, 2023 5:01 pmMarch 15, 2023 6:11 pm

A bill that would require larger companies to give at least 90 days notice before a mass layoff is about to happen and add more protections for those workers under contract received a large jump of support on Wednesday following...

Meta Announces 10,000 More Job Cuts In Second Round Of Layoffs

March 14, 2023 1:05 pmMarch 14, 2023 1:05 pm

Meta, the Menlo Park-based parent company of social media sites Facebook, Instagram, and WhatsApp, announced on Tuesday that they would be laying off another 10,000 employees this Spring, marking the second round of large layoffs by the social media company...

Governor Newsom Condemns Lawsuit Against AB 2273 Online Law

February 22, 2023 2:30 amFebruary 22, 2023 6:56 am

Governor Gavin Newsom released a statement on Tuesday against a court case challenging a law passed last year that was intended to protect the data and privacy of children online over free speech and ease of business concerns. Signed into...

Tech Industry Group Sues AG Rob Bonta & State Over New Child Online Privacy Law

December 14, 2022 12:11 pm

NetChoice, a large tech industry group, sued the state of California on Wednesday over a law passed earlier this year designed to protect the data and privacy of children online over free speech and ease of business concerns. Signed into...