Glassdoor, Microsoft add to high tech job cuts across Bay Area
Layoffs worsen as companies slash more positions
Tech and biotech layoffs have worsened in the Bay Area, marked by a fresh round of job cuts at tech companies Glassdoor and Microsoft, and genetic testing firm Natera, official state government filings show.
Security Industry Specialists, in a huge round of layoffs linked to the tech sector, also revealed plans to chop more than 400 jobs at several sites where the company provides services to clients. The layoff sites include the Apple Park complex in Cupertino where iphone maker Apple has established its world headquarters.
The latest round of tech and biotech layoffs alone will eliminate hundreds more tech and biotech jobs in the Bay Area, the filings with the state Employment Development Department (EDD) show.
Here are the most recent job cuts that tech or biotech firms have filed with the state EDD, according to the WARN notices that the government agency has just made public:
• Glassdoor disclosed it planned to cut 130 jobs in San Francisco, scheduled to take effect today.
• Microsoft revealed a decision to jettison 56 positions in Mountain View and San Jose. These layoffs were slated to occur May 5.
• Natera has decided to cut 59 jobs in San Carlos, with the reductions due to be effective May 16.
With the most recently reported layoffs, it's become clear that multiple rounds of job cuts have become more common for tech and biotech companies in the Bay Area.
Both Microsoft and Natera have already filed WARN notices with the state EDD announcing prior layoff events in the Bay Area.
Starting in July 2022, tech and biotech companies have revealed plans to cut at least 23,200 jobs in the Bay Area.
Some of the cutbacks have occurred while others have yet to take place.
These companies have announced the largest numbers of tech and biotech job cuts in the Bay Area since mid-2022:
• Facebook owner Meta Platforms, 2,564 layoffs in Menlo Park, San Francisco, Fremont, Sunnyvale and Burlingame
• Google, 1,608 job cuts in Mountain View, Moffett Field, San Bruno and Palo Alto
• Salesforce, 1,065 employment cuts in San Francisco
• Twitter, 900 layoffs in San Francisco and San Jose
• Cisco Systems, 673 job cuts in San Jose, Milpitas and San Francisco
With the most recent layoffs, Microsoft has now eliminated 164 jobs in the Bay Area while Natera has cut 117 jobs.
“Microsoft has decided to reorganize and restructure operations resulting in the elimination of positions located at Microsoft facilities in the Silicon Valley region,” Microsoft said.
Since mid-2022, tech companies have cut slightly over 19,600 jobs in the Bay Area while biotech and life sciences firms have eliminated just under 3,600 positions in the region, based on this news organization's compilation of the information in the WARN notices filed by the various companies with the EDD.