Tech businesses scale back workforce in Bay Area, eliminating numerous positions...
Tech companies have announced significant job cuts in the Bay Area, with a total of over 400 positions set to be eliminated. According to WARN letters sent to the state Employment Development Department, three tech companies plan to eliminating approximately 419 jobs in the region.
LinkedIn, one of the companies, will be eliminating 281 positions across California, with a considerable number of these cuts occurring in its offices in Mountain View (part of the Bay Area) and San Francisco. The specific job cut numbers for Chegg and the third company (whose name is not fully visible) were not directly mentioned in the search results.
LinkedIn's California job cuts will impact 159 employees in Mountain View and 60 employees in its San Francisco office [1][4][5]. The total number of job cuts across all three companies in the Bay Area is currently uncertain, as only LinkedIn's figures have been made public.
This latest round of job cuts serves as a concerning sign that the tech industry's downsizing may not yet be nearing its end.
[1] https://www.bayareanewsgroup.com/2022/12/18/linkedin-plans-to-cut-159-jobs-in-mountain-view-offices/[4] https://www.bayareanewsgroup.com/2022/12/20/linkedin-email-jet-away-its-layoff-waves-will-hit-san-francisco-and-mountain-view/[5] https://www.sfchronicle.com/bayarea/article/Jet-away-LinkedIn-email-says-layoffs-will-hit-its-17760678.php
- The general-news report indicates that LinkedIn, one of the tech companies that announced job cuts in the Bay Area, will eliminate 281 positions, with 159 employees being impacted in Mountain View and 60 in San Francisco.
- Although specific figures for Chegg and the third company have not been disclosed, the total number of job cuts across all three companies in the Bay Area remains uncertain, as only LinkedIn's figures have been made public, hinting at ongoing business and finance restructuring in the tech industry.
