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Unemployment

Coherent cuts more than 100 Bay Area jobs as tech layoffs worsen

Russel Berry Mar 18, 2023 0

FREMONT — Coherent will eliminate more than 100 jobs in the Bay Area in a restructuring that points to widening layoffs in the tech sector. The maker of high-tech lasers, optical gear and other equipment said it is cutting the jobs in…

Layoffs spread, but some employers can’t hire fast enough

Andrew Shawn Mar 18, 2023 0

A sign for hire is posted on the window of a Chipotle restaurant in New York, April 29, 2022.Shannon Stapleton | ReutersJob cuts are rising at some of the biggest U.S. companies, but others are still scrambling to hire workers, the result…