COVID economy: Layoffs jolt tech, hotel, restaurant, retail sectors

COVID economy: Layoffs jolt tech, hotel, restaurant, retail sectors

3 years ago
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https://www.siliconvalley.com/2021/01/11/covid-economy-tech-retail-hotel-restaurant-layoff-jobs-unemployment/

A tech firm, hotels, restaurants, and a big retailer are among the latest companies to detail their layoff plans to state officials, a grim reminder that economic woes during the coronavirus recession have yet to run their course.

The latest round of planned and upcoming job cuts in and near the Bay Area indicate that the region’s workers must brace for fresh bouts of unemployment, a tough blow that arrives on the heels of 10 months of coronavirus-linked business shutdowns.