Tech and biotech companies have chopped hundreds more jobs in the Bay Area, while the latest effects of a massive restructuring in Hollywood are being felt at Disney Co. streaming services, new state labor filings show.
Western Digital and Qualcomm are among the high-profile tech companies that have decided to slash jobs in Silicon Valley, while Disney Co. units Disney Streaming Technologies and Hulu chopped workers in the Los Angeles area, according to official letters sent to the state Employment Development Department.
Here is how the latest staffing reductions shape up in the Bay Area and Southern California:
- Western Digital, 211 job cuts in Milpitas
- Twist Bioscience, 207 staff cuts on the Peninsula, consisting of 197 in South San Francisco and 10 in Brisbane.
- Qualcomm, 84 layoffs in Santa Clara
- Hulu, 62 job cuts in Santa Monica
- Disney Streaming Technology, 54 layoffs in Burbank
With the most recent disclosures of job cuts, tech companies have revealed plans to chop more than 25,500 Bay Area jobs during all of 2022 and so far in 2023, this news organization’s analysis of the EDD filings shows.
Western Digital has now disclosed two rounds of job cuts affecting Bay Area workers. Including a prior round of layoffs revealed in November 2022 that eliminated 189 jobs, the tech company has now cut a total of 400 jobs last year and this year.
Of the 25,500-plus Bay Area tech layoffs, well over 15,100 have occurred during the first six-plus months of 2023 alone. That far exceeds the roughly 10,400 tech layoffs in the Bay Area disclosed during 2022, the EDD WARN letters show.
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