New tech layoffs cut 400 more Bay Area jobs, overall total: 20,000

Driveway to an SAP office and lab complex at 3410 Hillview Avenue in Palo Alto, 2019.

PALO ALTO — Tech companies have revealed plans to cut about 400 more Bay Area jobs, new waves of cuts that bring the region’s current crop of tech and biotech layoffs to a grim 20,000.

SAP America, Twilio and ContextLogic are among the technology companies that have announced recently revealed plans to significantly reduce their workforces.

With the latest WARN reports to the state employment agency, tech and biotech companies have made or are planning Bay Area layoffs that will cut at least 20,000 jobs, according to the survey. this news organization on notifications.

The most recent layoffs reported by SAP America, Twilio and ContextLogic will affect tech workers in Palo Alto, San Francisco and San Ramon, according to new documents filed with the state’s Employment Development Department (EDD). .

In total, the three companies announced their decision to cut 430 jobs combined, according to WARN notices to EDD officials.

Here are the details of some of the most recent layoffs filed with EDD that will trigger tech job cuts in the Bay Area:

  • SAP cuts 224 jobs. These include the loss of 159 jobs in Palo Alto and 65 jobs in San Ramon.
  • Twilio cuts 159 jobs in San Francisco.
  • ContextLogic is cutting 47 jobs in San Francisco.

Leave a Reply