Bay Area layoffs widen — but pace of tech job cuts in 2024 is below 2023

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Bay Area layoffs widen — but pace of tech job cuts in 2024 is below 2023
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The pace of Bay Area tech layoffs so far in 2024 is below the cutbacks in the crucial industry over the same time frame in 2023.

The pace of Bay Area tech layoffs so far in 2024 remains below the cutbacks in the industry over the same time frame in 2023 — even as a widening number of technology companies continue to chop employees.

Regarding the tech industry, here are details for the latest high-tech sector layoffs reported to the EDD:— Kaiser Foundation Hospitals, 50 layoffs, consisting of 49 information technology jobs in Pleasanton and one I.T. position in OaklandCalifornia bus factory shuts, 425 jobs lost, latest victim of green-vehicle slump

“We are taking steps to reduce costs across our organization, which has resulted in the elimination of 50 information technology positions in the East Bay,” the Kaiser spokesperson said.All of the employers described their respective job cuts as permanent.

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