Layoffs In January 2024 In California

Layoffs In January 2024 In California. Executives justified the mass layoffs by citing a pandemic hiring binge, high inflation and weak consumer demand. Tech and biotech companies have revealed plans to slash the jobs of hundreds more of their bay area workers, capping off a brutal year for employment reductions in the.

The latest wave of tesla layoffs hit an array of departments, impacting factory workers, software developers and robotics engineers. Google’s parent company alphabet carried out a larger round of layoffs last january, citing hiring practices’ need to align with economic changes, and in september, pointing to declines in referrals from recruiters and shifts.