An array of companies that include tech and biotech firms will chop well over 900 Bay Area jobs.
MILPITAS — An array of companies that include tech and biotech firms will chop well over 900 Bay Area jobs, new disclosures show — yet the pace of tech layoffs has clearly slowed in this region.
The companies have decided to chop a combined 955 jobs in the Bay Area, the WARN letters filed with the state EDD show. — Point Digital Finance has decided to chop 61 jobs in Palo Alto, the company said. Point Digital provides a software platform to help people access home equity lines of credit. The cuts occurred on July 28 but were posted by the EDD on Aug. 31.
— Codexis, a biotech company, has decided to chop 59 jobs, divided between sites in Redwood City and San Carlos. The cuts are due to occur Sept. 30. — Fish Market Restaurants is calling it quits and is cutting 140 Bay Area jobs as it closes seafood dining spots in Palo Alto, San Mateo and South San Francisco. The cuts are slated for Sept. 14.
But the vast majority of these tech layoffs occurred during the first three months of this year, this news organization’s survey of the EDD WARN notices shows.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
South Bay and East Bay office markets outperform San Francisco: reportThe office markets in the South Bay and East Bay have outperformed San Francisco’s moribund office sector in key ways.
Read more »
Curtain Calls: Broadway hit makes its Bay Area premiere in Oakland2019 Broadway hit ‘Gary: A Sequel to Titus Andronicus,’ which received seven Tony Award nominations and is making its Bay Area premiere courtesy of Oakland Theater Project, is set after…
Read more »
Bay Area dancers prepare for star turn at Prince Harry’s Invictus GamesThe AXIS Dance Company, which features dancers with a spectrum of disabilities, have been invited to perform at the opening ceremonies of the international sporting event for injured military veter…
Read more »
2 Bay Area reservoirs at highest levels for this time of yearThe Sonoma Water District says the region's two main reservoirs ended last month with the highest combined storage levels since 1985. And they are the highest ever for this time of year.
Read more »
Vote now: Bay Area News Group boys athlete of the weekMake your choice for the top performance among boys high school athletes from Aug. 28-Sept. 2.
Read more »