Tech layoff notices hit 14,500+ Bay Area workers in 12 months to June
Tech employers filed layoff notices for over 14,500 Bay Area workers in the 12 months to June, Bloomberg reports. Demand for software engineers in the region is down 42% since 2022, with wealth created by Anthropic and OpenAI masking labor market weakness.
- 14,500+ layoff notices filed for Bay Area tech workers in 12 months to June
- Bay Area software engineer demand down 42% since 2022
- Anthropic and OpenAI wealth masks labor market weakness
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