Silicon Valley suffers huge job losses in 2020, but tech gains jobs: report

Silicon Valley suffers huge job losses in 2020, but tech gains jobs: report

3 years ago
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https://www.siliconvalley.com/2021/02/16/silicon-valley-huge-job-losses-2020-tech-gains-economy-covid/

SAN JOSE — Silicon Valley suffered mammoth job losses during 2020, huge declines that affected nearly every industry — except for the tech sector, whose employers managed small job gains despite coronavirus-linked economic woes, a report released Tuesday shows.

The job losses in Silicon Valley during 2020 were so severe that they exceeded the employment setbacks in the region during the dot-com debacle, according to the new report by Joint Venture Silicon Valley.