Bay area layoffs Archives - California Globe

1,700 Layoffs At SF-Based Stitch Fix Capped off a Rough First Week of 2023

January 6, 2023 12:23 pm

A massive 20% layoff at San Francisco-based fashion tech company Stitch Fix on Friday capped off a rough first week for Bay Area tech companies, as thousands of more tech workers in the area continue the trend started last year...

Salesforce Cuts 10% Of Workforce In Latest Silicon Valley Mass Layoff

January 4, 2023 12:55 pm

Salesforce, one of the largest companies in the Bay Area, announced on Wednesday that another 10% of their workforce, or around 7,000 people, will be let go in the latest round of cuts, continuing the mass Silicon Valley layoff trend...

Intel Announces 200 Layoffs Coming Continuing Mass Silicon Valley Tech Cutbacks

December 6, 2022 12:56 pm

Mass tech layoffs that began in late October continued across Silicon Valley on Tuesday, with tech company Intel announcing 201 job layoffs in Santa Clara and Folsom. The trend of layoffs began just over a month ago when Twitter, shortly...

Menlo Park-Based Meta Lets Go Over 11,000 Employees In Latest Silicon Valley Mass Layoff

November 10, 2022 12:36 pm

Meta, the Menlo Park-based parent company of social media sites such as Facebook, Instagram, and WhatsApp, laid off 13% of their employees, or over 11,000, on Thursday, continuing the stark trend of cutbacks at Bay Area and Silicon Valley tech...

Twitter, Lyft, Other Tech Companies Layoff Thousands In Less Than 48 Hours

November 4, 2022 6:13 pm

Due to massive revenue drops, anticipation of a recession next year, a rise in costs, a high number of $100,000+ salaries, among other factors, Silicon Valley companies including Twitter, Lyft, and Stripe have cut thousands of jobs in only the...

Gap Announces Mass Layoffs in SF, NY Corporate Offices

September 21, 2022 1:17 pmSeptember 21, 2022 8:31 pm

San Francisco-based retail giant Gap announced that 500 employees, or approximately 5% of their corporate employees are to be laid off in San Francisco as well as in smaller numbers in New York, marking the latest mass layoff to affect...