Layoffs jolt Bay Area: Golden Gate Fields, Genentech, Intel ax hundreds

Layoffs jolt Bay Area: Golden Gate Fields, Genentech, Intel ax hundreds

a month ago
Anonymous $6hYC3Wwiad

https://www.siliconvalley.com/2024/04/11/economy-job-layoff-berkeley-santa-clara-albany-bay-area-horse-tech/

Golden Gate Fields, Genentech and Intel are among the latest high-profile employers to disclose plans to chop Bay Area jobs soon, disquieting new revelations that hint at a wobbly regional economy.

More than 1,000 jobs are being lost in the Bay Area as a result of the latest staffing reductions that companies are disclosing in official notices they sent to the state Employment Development Department.