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Keyword: techlayoffs

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  • Hundreds more tech and biotech layoffs jolt Bay Area job market

    04/26/2023 9:44:26 AM PDT · by george76 · 40 replies
    Bay Area News Group ^ | April 26, 2023 | George Avalos
    Latest job cuts point to ongoing weakness in tech sector.. SAN JOSE — Hundreds more tech and biotech layoffs have rattled the Bay Area job market, cutbacks that hint the sectors are still wobbly and have yet to shift back into hiring mode. IBM, Accenture, Amplitude and Myovant Sciences are among the most recent companies to reveal staffing cutbacks in the Bay Area, according to documents on file with the state’s labor agency. The most recent layoffs produced a combined total job loss of just over 300 positions in the Bay Area. ... All told, starting in July 2022, tech...
  • Tech layoffs could hit highest level since 2009

    07/29/2014 10:31:44 AM PDT · by SeekAndFind · 15 replies
    The Hill ^ | 07/29/2014 | Vicki Needham
    Layoffs in the technology sector could reach their highest level in five years, according to a group that tracks employments trends. So far this year, tech employers have announced plans to cut payrolls by 48,402, a 68 percent increase over the 28,883 layoffs announced during the same period in 2013, according to a special report released Monday by Challenger, Gray & Christmas. At the current rate, the 2014 year-end total could be the highest since 2009, when tech-sector job cuts hit 174,629. The highest total on record was 695,581 job cuts in 2001, when the tech bubble in the stock...