Google and Pinterest cut Bay Area jobs as tech layoffs linger
Published in Business News
Google and Pinterest have both disclosed plans to trim scores of tech jobs in the Bay Area in layoffs that are poised to jolt workers in three of the region’s cities.
The plans for employment reductions by the two high-profile companies arrive on the heels of a December upswing in Bay Area tech hiring that was primarily concentrated in the South Bay.
The layoff decisions by Google and Pinterest were revealed through posts by the state Employment Development Department on its website.
Here are some of the details of the job cuts that are being prepared by the two tech companies, according to information the EDD posted:
— Pinterest has decided to eliminate 118 jobs in the Bay Area. These include 102 jobs in San Francisco and 16 positions in Palo Alto.
— Google intends to cut 77 jobs, all of them in Sunnyvale.
All of the job cuts are expected to be permanent, the EDD posts state.
The Google layoffs are scheduled to occur over a period that begins on March 15 and ends on April 12, the official filings show.
The Pinterest staffing reductions are slated to take place on March 31, according to the EDD site.
In December, the Bay Area added 200 tech jobs, according to seasonally adjusted industry totals that Beacon Economics derived from the official monthly report from the state EDD.
The South Bay added 1,800 tech positions in December.
The robust gains in the South Bay, however, were nearly completely offset by tech industry net job losses of 900 in the San Francisco-San Mateo region, 600 in the East Bay, and 100 in the North Bay’s metro areas.
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