LIVERMORE — Tech companies have chopped hundreds more jobs in the Bay Area, affecting East Bay and Peninsula workers, but some hopeful signs suggest the pace of the cutbacks has eased.
Thermo Fisher Scientific and Jabil have revealed plans to each chop more than 100 jobs, according to filings with state officials.
Together the companies have disclosed their decision to eliminate a combined 215 jobs, WARN notices filed with the state Employment Development Department show.
Jabil has decided to ax 113 jobs in Livermore and Fremont.
Thermo Fisher Scientific is cutting 102 workers in Pleasanton and South San Francisco.
During 2022 and so far in 2023, tech companies have revealed plans to cut slightly more than 26,500 jobs in the Bay Area, according to this news organization’s analysis of the official WARN notices received by the state EDD.
Over the first seven months of 2023, tech companies have announced plans to eliminate about 16,100 jobs in the Bay Area.
But in a potentially positive trend, 10,100 of those occurred in the first three months of 2023. During the April-through-June second quarter, tech companies cut a much smaller number — about 5,200 Bay Area jobs.
In July, tech companies announced plans to eliminate 755 tech jobs. Extrapolated over the three months of the July-through-September period, that would put the layoffs in the range of 2,200 to 2,400 lost jobs for the full third quarter.