Tag: Silicon Valley Mass layoffs
Intel Announces 140 More Job Cuts In Latest California Tech Sector Layoffs
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,...
Newest Mass Layoffs Strike San Francisco: Over 2,000 Jobs Lost At Gap, Dropbox
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...
Salesforce Leaves Entire SF Office Building As Bay Area Office Vacancy Crisis Worsens
Salesforce, one of the largest companies in the Bay Area, continued to vacate San Francisco this week by completely moving out of the Salesforce East tower, with all of their formerly occupied floors going to lease. Founded in San Francisco...
Meta Announces 10,000 More Job Cuts In Second Round Of Layoffs
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...
AB 1356: Mass Layoffs
On February 17, 2023, Assembly Bill 1356 by Assemblyman Matt Haney (D-San Francisco) was introduced regarding relocations, terminations, and mass layoffs. AB 1356 would amend Labor Code Sections 1400.5, 1401, 1402, and 1403. Section 1 of the bill would amend Labor...
Yahoo, Twilio Lay Off Thousands As Bay Area Tech Cutbacks Continue
Cloud Communications software maker Twilio announced on Monday that 17% of their workforce, or roughly 1,500 workers, will be laid off. The layoff, along with the 20% job cut, or almost 1,700 workers, at Yahoo announced during the weekend, became...