With less hiring, I've made the difficult decision to further reduce the size of our recruiting team." According to the note, an additional 5,000 open positions will also close. Mark Zuckerberg, its chief executive, has declared 2023 the "year of efficiency." In a company letter to staff, Zuckerberg said "over the next couple of months, org leaders will announce restructuring plans focused on flattening our orgs, canceling lower priority projects, and reducing our hiring rates. It would be the tech company's second round of cuts since November which saw 11,000 staff or around 13% of its workforce let go. Meta announced it is laying off an additional 13% of its staff, or more than 10,000 employees. Here's a more in-depth look at the 14 largest layoffs in the Bay Area. This comes hot on the heels of a statement by Mark Zuckerberg a week before that Meta will lay off 10,000 more workers and incur restructuring costs ranging from $3 billion to $5 billion. While our layoff tracker below watches tech mass redundancies in the Bay Area, due to the magnitude of the cuts, it is worth noting retail tech giant Amazon has announced on Monday Mait was laying off an additional 9,000 employees, on top of the cuts to 18,000 positions that the company disclosed in January, bringing it to a total of 27,000. This brings the combined estimated workers cut to 1806 or an estimated 34% of its original workforce from 2022. On April 27th, 2023, Lyft employees received notification on their employment status after a note from new CEO David Risher a week earlier announced yet another round of cuts, this time an estimated 26% of current workforce or 1,072. This announcement comes a year after Niantic laid off around 90 workers and canceled multiple projects including a Transformer game. The bulk of cuts will come from closing its LA studio and reducing its game platform team, effectively ending production on games such as NBA All-World and Marvel: World of Heroes. Pokémon GO will remain a top priority "forever game". The company said it was restructuring to rein in cost and concentrate on first party games on mobile. ![]() San Francisco-based video game maker Niantic, better known as the creator of Pokémon GO announced on June 29th, 2023 that it is laying off 230 employees or approximately a quarter of its workforce. In a CEO note, Planet CEO Will Marshall says the additional costs that came with expanding rapidly are no longer supported by the changing macroeconomic environment, and are therefore "making changes to prioritize our attention on the highest ROI opportunities for our business and mission, while reinforcing our path to profitability." Satellite imagery company Planet announced on August 1st, 2023 that it is laying off 117 employees, or around 10% of its workforce. ![]() workers have lost their jobs in brutal mass layoffs in 2022 and now in 2023. Roku, which has already had three previous rounds of mass layoffs in 20, told the EDD it has decided to slash an additional 136 jobs in San Jose, bringing the total to 636 jobs lost over the past 2 years.īloom Energy submitted that it was cutting 47 permanent roles as well as 50 contractors who were on assignment from staffing agencies.įrom Amazon to Twitter to Meta, to Niantic, Lyft, Ebay, Paypal and Splunk, thousands of U.S. ![]() SAN FRANCISCO (KGO) - Hundreds of Bay Area tech jobs are being cut this fall, continuing the trend of mass job losses this year, the latest WARN notices sent to the state Employment Development Department reveals. ![]() Facebook parent Meta is laying off 11,000 people, about 13% of its workforce, CEO Mark Zuckerberg said in a letter to employees Wednesday.
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