Tech companies jettison hundreds more Bay Area jobs as layoffs widen
Tech companies have revealed plans to jettison hundreds more Bay Area jobs in a disquieting indicator that the tech industry’s layoffs have yet to run their course, new official state government filings show.
The latest staffing reductions for the tech sector are slated to eliminate at least 277 more jobs in the Bay Area, according to several WARN letters filed with the state Employment Development Department.
Here are the details on the most recent layoffs affecting Bay Area workers that tech companies have revealed:
- Coherent, 196 job cuts in Fremont. The layoffs affect a Fremont location at 41762 C50 Christy Street where Coherent-owned subsidiary Finisar operates. Finisar makes optical communications components.
- Unity Technologies, 50 layoffs in San Francisco. Unity is a video game software developer.
- Flex, 31 staffing cutbacks in Milpitas. Flex is an electronics manufacturer.
With the latest cutbacks, tech companies have disclosed plans to eliminate more than 25,200 jobs in the Bay Area over a 17-month stretch that includes all of 2022 and so far in 2023, this news organization’s review of the WARN notices shows.
Over the first five months and a few days of 2023, tech companies have revealed plans to eliminate more than 14,800 jobs in the Bay Area. During all of 2022, tech companies disclosed plans to eliminate 10,400 Bay Area positions.