Tech companies, big bank slash hundreds more Bay Area jobs as layoffs widen

United States News News

Tech companies, big bank slash hundreds more Bay Area jobs as layoffs widen
United States Latest News,United States Headlines
  • 📰 mercnews
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 68%

Tech companies and a big bank have slashed a combined hundreds more jobs in the Bay Area.

SAN RAMON — Tech companies and a big bank have slashed a combined hundreds more jobs in the Bay Area, unsettling revelations that arrive on the heels of monthly job losses in the once-robust region.

With the layoffs by streaming video giant Roku and green technology firm Bloom Energy, an additional 183 tech jobs are being cut. — BMO, which conducted the layoffs after it bought Bank of the West, has decided to slash 228 jobs in the Bay Area. These include 200 job cuts in San Ramon and another 28 in San Francisco.

— Bloom Energy disclosed plans to eliminate the jobs of 47 of its own employees. The company also is cutting the positions of 50 contractors who were on assignment from staffing agencies.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

mercnews /  🏆 88. in US

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.

Bay Area tech giant: Come work from San Mateo or quitRoblox, the popular video game company based in the Bay Area's San Mateo, is requiring most workers relocate to the city or face layoffs.
Read more »

Bay Area restaurants raising money to support children in Gaza amid war between Israel, HamasBay Area restaurants raising money to support children in Gaza amid war between Israel, HamasA dozen Bay Area restaurants are raising money to support children in Gaza by donating a portion of proceeds from their sales.
Read more »

Bay Area groups feeling Islamophobia, Antisemitism as tensions run highBay Area groups feeling Islamophobia, Antisemitism as tensions run highTensions are high between Jewish and Muslim groups in the Bay Area, illustrated by an emotionally charged City Council meeting in Richmond on Tuesday evening and a student walk-out on UC Berkeley’s campus.
Read more »

Bay Area grocery store set to permanently close after 50 yearsCountry Sun Natural Foods has been a fixture of Palo Alto since the 1970s. The decades-old grocery store will permanently close in December.
Read more »

Bob Melvin leaves Padres to manage division-rival Giants and return to the Bay Area -Bob Melvin leaves Padres to manage division-rival Giants and return to the Bay Area -San Diego's More Local News Station
Read more »



Render Time: 2025-02-15 00:47:05