Twitter 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...

Wither 2022?

December 30, 2022 4:14 pmDecember 30, 2022 4:16 pm

Before wishing all a Happy a New Year, it seems to make sense to look back at what we all have to be grateful for from 2022. Of course, first and foremost, there was…um…well…Wait! I got it! There was that...

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...

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...