Tech companies, bank chop hundreds of Bay Area jobs in fresh layoffs
Intel, with headquarters in Santa Clarita, Calif., is one of several Bay Area tech companies laying off workers in the near future. - TNS
August 16, 2023 | 05:25AM ETEconomySAN RAMON, Calif. — A bank and some high-profile tech companies have chopped hundreds of Bay Area jobs in a fresh round of layoffs — although the pace of tech sector layoffs has greatly eased. In the most recent spate of job cuts, nearly 250 banking jobs are being eliminated in the Bay Area, while four different tech companies have revealed their plans to chop a combined 211 jobs, based on filings posted in August by state labor agency officials. Here are the details for the most recent rounds of tech and banking industry job cuts in the Bay Area that various companies reported to the state Em...
