SUNNYVALE — Tech and biotech companies have disclosed decisions to slash hundreds of jobs in the Bay Area in a fresh batch of staffing cutbacks that suggest the layoffs in the two industries have yet to run their course.
Splunk, Juniper Networks, Zymergen and Gilead Sciences have decided to eliminate a combined 427 jobs in the Bay Area, according to official notices the companies sent to the state’s labor agency.
Here are the details for the job cuts and locations of the reductions the companies have revealed, as specified in WARN letters sent to the state Employment Development Department (EDD):
— Spunk, 176 layoffs in the Bay Area. The software company cut dozens of jobs in both San Francisco and San Jose. The layoffs were slated to take effect around Dec. 18.
— Juniper Networks, 108 job cuts in Sunnyvale. The tech company, which makes networking products, expects the layoffs to be effective Dec. 4.
— Zymergen, 101 layoffs in Emeryville. The biotech firm said its staffing reductions would begin around Dec. 18 and be complete around Feb. 2 of next year.
— Gilead Sciences, 42 staff cutbacks in Foster City. The job cuts were expected to begin around Dec. 15 and be complete by March 15, 2024.
The companies all described the layoffs as permanent.
In two rounds of layoffs that occurred in 2023, Splunk has revealed plans to eliminate a total of 350 jobs. Splunk’s job cuts affected workers in San Francisco and San Jose.
Besides Spunk and Juniper Networks, here are other recent tech industry layoff disclosures involving Bay Area jobs:
— Jabil, 140 layoffs in Fremont.
— Divvy Homes, 95 job cuts in San Francisco.
— Bloom Energy, 119 staff cutbacks affecting workers in San Jose, Fremont and Sunnyvale.
— Roku, 136 job cuts in San Jose.
— Google, 75 layoffs in San Francisco.
Over a nearly two-year period that consists of 2022 and the first 11-plus months of 2023, tech companies have revealed plans to chop about 29,600 jobs in the Bay Area.
The vast majority of these tech industry cutbacks in the Bay Area have occurred this year, this news organization’s compilation of WARN notices sent to the EDD shows.
So far in 2023, tech companies have revealed plans to eliminate about 19,200 jobs in the Bay Area.
That’s well above the more than 10,400 jobs tech companies decided to eliminate in 2022.
