California layoffs jump 60% to 27-month high
911,000 job openings – lowest since March 2021 California bosses laid off 236,000 workers in March, a 60% jump from the average pace of job cuts in the previous 12 months... — read more
"Demand at regional food banks soars as layoffs, food prices, increase"
California bill extends notice period before layoffs
Following incidents where companies laid off hundreds and even thousands of workers in recent months, the California legislature has proposed legislation that would better protect workers from mass... — read more
Meta Facebook again
Silicon Valley Bank
Udemy 10 percent cut
"...the layoffs are also part of a broader wave hitting the technology sector in 2023, a trend that has not spared the human resources space." https://www.highereddive.com/news/udemy-layoffs-gregg-coccari-letter/643179/
Historical Context (Malcolm Harris' Palo Alto)
Alphabet Google (12,000 Jobs)
https://www.thelayoff.com/salesforce-com https://seekingalpha.com/news/3921965-salesforce-shares-climb-5-on-broad-job-cut-plans https://seekingalpha.com/news/3921813-salesforce-to-cut-workforce-by-around-10
Ripple effects of the Silicon Valley meltdown (Commercial Real Estate)
Tech layoffs send visa holders on frantic search for employment to avoid deportation
More cuts at Rivian?
Anyone hear any updated news?
DoorDash (San Francisco)
It's strike season in California
"Today, fast food workers across the state are set to picket outside of Starbucks, Chipotle, Jack in the Box and other restaurants to protest the companies’ efforts to qualify a 2024 referendum to overturn a new state law. The first-in-the-nation... — read more
More bad news for Coinbase?... — read more
Layoffs in Silcon Valley
Amazon, Apple, Alphabet, Coinbase, Lyft, Meta, Netflix, Stripe, Twitter... https://fortune.com/2022/11/03/tech-company-layoffs-are-a-recession-signal-apple-stripe-lyft-amazon-twitter/ https://news.crunchbase.com/startups/tech-layoffs-2022/ — read more
Coronavirus —- California workers file one-fifth of all U.S. jobless claims
“The layoff numbers today and over the past month are a combination of the continued shift of furloughs to layoffs, renewed layoffs of persons hired in July... — read more
100 Largest Employers in California
DETAILED LIST OF THE 100 BIGGEST COMPANIES IN CALIFORNIA RANK - COMPANY - CITY - EMPLOYEES 1 - Wells Fargo - San Francisco - 270,600 2 - The Walt Disney Company - Burbank - 195,000 3 - Oracle - Redwood City - 138,000 4 - Gap - San Francisco -... — read more
Problems with CALPERS pensions
CALPERS is not getting the returns on its pensions that it needs to meet pension obligations.
Great economy and no cuts?
Think twice. Look at what's going on with the tech industry. Qualcomm, Intel, Seagate, Western Digital, HON, the list is way too long to be ignored. Things are getting worse and worse. The government will tell you that all is rosy but where are jobs... — read more
California layoffs, accelerating in Q3 2016
That's my prediction, I am not basing this on anything scientific, I just think that things need to cool down a bit before we can start growing big time again. That's my two cents on Cali job cuts for 2016, but we'll see what 2017 brings as our... — read more