Coronavirus unemployment: Bay Area planned layoffs top 74,000 in April

Coronavirus unemployment: Bay Area planned layoffs top 74,000 in April

4 years ago
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https://www.mercurynews.com/2020/05/04/coronavirus-unemployment-bay-area-planned-layoffs-top-74000-in-april/

The number of layoffs that Bay Area employers revealed during April topped 74,000, a huge number of job cuts that were swelled by big coronavirus-linked staffing reductions affecting several hundred workers at the San Jose offices of tech company Nutanix.

The job cuts of 74,200 that Bay Area employers revealed in official notices to the state’s Employment Development Department were five times as great as the staffing reductions that employers in the nine-county region disclosed during March, according to this news organization’s analysis of the EDD filings.