The Bay Area and California both lost thousands of jobs during February, a disquieting report that raises questions about the strength of the economy in the state and this region. The job losses in the nine-county region and statewide suggest that the hiring boom that began in the final few months of 2023 and extended … Read more
SAN JOSE — Two tech companies and a biotech firm have revealed plans to trim well over 100 Bay Area jobs, fresh indicators that the cutting-edge sectors continue to scout for ways to operate more efficiently. Lumentum, Juniper Networks and Catalent have officially notified the state labor agency of upcoming staffing reductions affecting Bay Area … Read more
The Bay Area and California experienced sturdy employment gains in January to kick off 2024 — but new data released Friday shows the job market in the nine-county region and statewide was not nearly as strong in 2023 as originally thought. Employers in the Bay Area added 13,600 jobs in January, propelled by big employment … Read more
SAN JOSE — Two Bay Area business groups are eyeing a merger at a time when the economy has begun to wobble and the job market has started to falter. The Silicon Valley Leadership Group and the Bay Area Council said Tuesday they have launched discussions to create a single organization to represent business interests … Read more
Levi Strauss & Co. has revealed plans to chop well over 100 jobs in San Francisco, the latest in an ominous wave of layoffs that could reinforce views that a “doom loop” now grips the Bay Area’s second-largest city. The iconic clothing manufacturer, whose storied history stretches back more than a century to the California … Read more
The pace of Bay Area tech layoffs so far in 2024 is below the cutbacks in the crucial industry over the same time frame in 2023 — even though a widening number of technology companies are chopping employees. Hundreds of Bay Area workers are involved in the most recent rounds of tech industry job cuts … Read more
SAN JOSE — Silicon Valley’s job boom has hit a pause, and while the region is still adding workers, the pace of hiring in 2023 was markedly slower than what was the case the year before, a new report shows. While hiring is slowing, median housing is on the rise, according to the new Silicon … Read more
Two years of wrenching tech layoffs have weighed down the Bay Area’s job market in a big way — but experts say the impact has been somewhat mitigated by an industry realignment that’s led to significant hiring even as thousands of positions have been cut. For decades, Silicon Valley has engaged in what tech insiders … Read more
SANTA CLARA — High-profile tech companies, including Google and Pure Storage, have decided to conduct a fresh round of Bay Area job cuts that will affect hundreds of jobs in the region, state records show. The latest round of job cuts means that tech companies have revealed decisions to slash another 274 jobs, according to … Read more
Tech companies have revealed decisions to slash more than 3,900 jobs in the Bay Area so far in 2024, cutbacks fueled by hundreds of staffing reductions in February that hint at a forbidding year for the crucial industry. Salesforce, Snap, Maxar Space and Activision Blizzard are among the high-profile companies that have disclosed plans for … Read more