Amazon has decided to terminate hundreds of jobs in the South Bay in a fresh spate of layoffs that point to an increasingly dreadful landscape for the tech sector and Silicon Valley.
SUNNYVALE — Amazon has decided to terminate hundreds of jobs in the South Bay in a fresh spate of layoffs that sketch out an increasingly dreary economic landscape for the tech sector and Silicon Valley.
The e-commerce behemoth intends to eliminate 263 jobs in northern Sunnyvale, according to official WARN notices that Amazon provided to the state Employment Development Department.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Scilex Holding Co. is Bay Area's 14th SPAC merger of 2022 - Silicon Valley Business JournalShares of the developer of non-opiod pain treatments rose modestly on their Friday debut and see-sawed to a bigger gain on Tuesday.
Read more »
Amazon to lay off 10,000 corporate, tech employees - Silicon Valley Business JournalThe ecommerce giant could begin the layoffs, which would be the biggest in its history, as soon as this week.
Read more »
Veterans launching new businesses doubled in 2021 —and it's likely to continue - Silicon Valley Business JournalNew business formations have surged since the start of the pandemic, and military veterans are playing a big role. But there are some unique ways veterans are contributing to the trend.
Read more »
48,000 University of California instructors, researchers go out on strike - Silicon Valley Business JournalSome 48,000 teaching assistants, student researchers and other non-tenured employees of the University of California went out on strike Monday morning, seeking better pay and benefits.
Read more »
Federal prosecutors seek 15-year sentence for Theranos' Elizabeth Holmes - Silicon Valley Business JournalGovernment attorneys are seeking a stiff penalty for Elizabeth Holmes, saying her crimes were 'among the most substantial white collar offenses Silicon Valley or any other District has seen.'
Read more »
How CBRE Group Inc. is reexamining its own office space - Silicon Valley Business JournalThe Business Journals recently caught up with Peter Van Emburgh, senior vice president and global head of real estate at CBRE Group Inc., in the company's Atlanta office. Van Emburgh oversees about 7 million square feet of office space across 600 locations globally for CBRE.
Read more »