Tech Layoffs In Sf Bay Area 2024. California tech giant qualcomm is laying off 1,258 california workers—including almost 200 in the bay area, according to california employment. Layoffs in the tech industry, particularly in austin, are not isolated incidents;
After slightly more than five weeks—or about 10% of the 52 weeks in 2024—the tech layoffs so far this year in the bay area equate to 18% of the tech job. Following significant workforce reductions in 2022 and 2023, this year has already seen 60,000 job cuts.