Indeed to Lay Off 1,000 Workers, CEO Says
The careers site Indeed says it will lay off about 1,000 employees — about 8% of its workforce — as it looks to simplify its organization. In a memo released …
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Tech sector instability leads to highest office vacancy rates in South Bay history
SAN JOSE — Silicon Valley’s office vacancy rate has reached a historically high level, indicating the economic effects of consolidation in the tech sector. The office vacancy rate in Silicon …
Peak of Bay Area tech company layoffs reached as job cuts slowly ease
SAN JOSE — The wobbly Bay Area tech sector may be starting to stabilize after 18 brutal months of layoff announcements that revealed plans to chop more than 25,000 tech …