Tech layoffs jolt Bay Area economy with hundreds of new job cuts
https://www.siliconvalley.com/2024/04/17/tech-job-layoff-sunnyvale-santa-clara-economy-aerospace-defense-chip/
SUNNYVALE — A high-profile aerospace and defense contractor and a semiconductor company were among the latest tech firms to chop jobs in the Bay Area, cutbacks that will erase more than 200 positions.
Lockheed Martin, Coherent, and Hinge Health, a tech company that provides online physical therapy, have decided to slash employment, according to official notices they filed with the state Employment Development Department.