Monday Digest: Snap vacates S.F. office space; Sutter Health nurses strike - San Francisco Business Times

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reveals that homes in the Bay Area represent the only part of the state where they are now selling for less than they were one year ago. Here's the rest of the morning's local news to kick off your Monday.no longer has an office presence in San Francisco. As part of the company's recent restructuring,

which led to at least 1,200 full-time employees being laid off and a number of projects being shut down , parent company Snap Inc. is closing its 33,000-square-foot office on Howard Street. Snap disclosed in a footnote to its third-quarter results that an unspecified"lease exit" was part of $155 million in costs the company incurred related to its reorganization. Snap's San Francisco lease wasn't due to end until November 2024.

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