23andMe has detailed its plans for Bay Area job cuts, while separate tech company cutbacks have helped to shove the technology industry’s current burst of layoffs past the 49,000 mark in the nine-county region.
The most recent rounds of layoffs serve notice that the tech and biotech industries are still seeking ways to improve efficiencies even as they scout for new cutting-edge markets to harvest.
Here are the details of the latest job cuts affecting tech or biotech companies in the Bay Area, according to WARN notices posted by the state Employment Development Department:
— 23andMe, a personal genomics and biotech company, is cutting 153 Bay Area jobs. These include a loss of 122 jobs in Sunnyvale and 31 positions in South San Francisco. The staffing reductions are slated to occur on Jan. 10, 2025.
— GoForward, which used artificial intelligence technologies to power a “doctor-in-a-box” primary care solution, has permanently ceased operations, causing layoffs of 89 workers in San Francisco. The job cuts occurred on Nov. 12.
— Veritas Technologies, a system software and data management company, is cutting 50 jobs in Santa Clara. The layoffs are scheduled for Dec. 2.
In 2022, 2023 and 2024, the period of the current spate of technology industry layoffs, tech companies have disclosed plans to slash more than 49,300 jobs in the Bay Area, according to this news organization’s review of hundreds of WARN letters sent to the state EDD.
