Layoffs jolt Bay Area: Golden Gate Fields, Genentech, Intel ax hundreds

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Layoffs jolt Bay Area: Golden Gate Fields, Genentech, Intel ax hundreds
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Golden Gate Fields, Genentech and Intel are among the latest high-profile employers to disclose plans to chop Bay Area jobs soon.

Golden Gate Fields, Genentech and Intel are among the latest high-profile employers to disclose plans to chop Bay Area jobs soon, disquieting new revelations that hint at a wobbly regional economy.

Even so, chipmaker Intel and electric vehicle charging firm Volta are among the latest tech companies that revealed plans for staffing reductions in the Bay Area, according to the public posts on the EDD website. — Genentech, a biotech behemoth, is slashing 436 jobs in South San Francisco. These cuts are permanent and are scheduled for June 5.

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