In the first four months of 2016, tech layoffs in the San Francisco Bay Area more than doubled. Citing figures from WARN, the paper(Opens in a new window) said 3,135 tech jobs were lost from January to April, compared with the same period last year. reported an increase from 1,515.
These numbers are representative of hiring at established companies like Yahoo, but don’t include layoffs at many tech startups in the region.
This is because California’s version of his WARN (Opens in a new window) states that a company should only leave if the company fires or transfers more than 50 of his employees within his 30 days. It’s for Companies with less than her 75 employees are exempt from the obligation. Still, they help confirm some analysts’ predictions that the tech industry as a whole could slow down (opens in new window).
Yahoo has laid off 279 employees in the Bay Area so far this year. Other tech giants that cut jobs in the region include Toshiba, which laid off 50 employees in March, and HP, which laid off 74 employees in Palo Alto in February.
Smaller software makers have also scaled back, including VMware, where he laid off 170 employees in Palo Alto in March, and NetApp, where he lost 376 employees in Sunnyvale in the same month. . So did hardware makers, including Western Digital, where he laid off 186 employees at Fremont and Irvine sites.