IBM, Accenture, Amplitude and Myovant Sciences are among the most recent companies to reveal staffing cutbacks in the Bay Area, according to documents on file with the state’s labor agency.
The most recent layoffs produced a combined total job loss of just over 300 positions in the Bay Area. The latest layoffs included a loss of more than 200 tech jobs, WARN notices filed with the state Employment Development Department (EDD) show.
Here’s how the most recent staffing reductions reported by the EDD stack up:
- Myovant Sciences, a biotech company, cut 94 jobs in Brisbane
- Amplitude, a software company, chopped 83 positions in San Francisco
- Accenture, an information technology services firm, laid off 75 people in San Jose
- IBM, a tech services and products titan, cut 53 jobs in San Francisco
Accenture and IBM anticipated that their job cuts would be effective around June 5. Amplitude said its staffing reductions would occur around June 15. And Myovant reckoned its layoffs would take place around June 30.
With the most recent rounds of job cutbacks, tech companies have revealed plans to lay off at least 20,400 workers in the Bay Area since mid-2022, according to this news organization’s review of the WARN notices.
Since mid-2022, biotech companies have disclosed plans to chop at least 4,100 jobs in the Bay Area.
In both instances, some of the layoffs have occurred, while others have yet to take place.
Besides the latest job cuts, these are some of the other recent layoffs affecting tech or biotech workers in the Bay Area:
- Twitch, 153 job cuts, San Francisco
- Emerald Cloud Lab, 30 layoffs, South San Francisco
- NGM Biopharmaceuticals, 75 staff reductions, South San Francisco
- Viasat, 4 job cuts, San Jose
- Medtronic, 59 layoffs, Sunnyvale
All told, starting in July 2022, tech and biotech companies have filed WARN letters with EDD that detailed plans for well over 24,000 layoffs in the Bay Area.
These 10 tech companies have eliminated the most jobs in the Bay Area starting in July 2022, the WARN letters show:
- Facebook owner Meta Platforms, 2,564 job cuts in Menlo Park, San Francisco, Fremont, Sunnyvale and Burlingame
- Google, 1,608 layoffs in Mountain View, Moffett Field, San Bruno and Palo Alto
- Salesforce, 1,151 staff cutbacks in San Francisco
- Twitter, 900 layoffs in San Francisco and San Jose
- Cisco Systems, 673 job cuts in San Jose, Milpitas and San Francisco
- Grocery Delivery E-Services (HelloFresh), 611 layoffs in Richmond
- Amazon, 524 staffing cuts in Sunnyvale and San Francisco
- Intel, 490 job cuts in Santa Clara and San Jose
- Rivian Automotive, 448 layoffs in Palo Alto
- Lam Research, 400 staffing cuts in Fremont and Livermore
In one instance involving the recent layoffs, the staffing reductions occurred because the company had previously been acquired.
“Myovant Sciences will be conducting layoffs of employees as a result of the integration of Myovant and a number of its affiliates into one new company, Sumitomo Pharma America,” Ann Tomlin, a senior vice president with Myovant, said in the company’s WARN notice. “All Myovant employees that are not transferred to Sumitomo Pharma will be separated.”
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