Hundreds more tech, biotech layoffs hammer Bay Area: Lyft, Dropbox, Sangamo
RICHMOND — Hundreds more Bay Area job cuts have jolted tech and biotech workers in the region, official state filings show, layoffs that have shoved tech industry layoffs beyond a forbidding new milestone.
Lyft, Dropbox and Sangamo Therapeutics have revealed plans to chop a combined 622 jobs in the Bay Area.
Here are the details of the job cuts locations for the layoffs that the three companies have revealed in the new filings with the state Employment Development Department:
- Lyft, 383 job cuts in San Francisco
- Dropbox, 182 layoffs in San Francisco
- Sangamo, 57 staffing reductions in Richmond and Brisbane.
With the most recent layoffs, tech companies have revealed plans to chop more than 23,500 jobs in the Bay Area during 2022 and 2023, this news organization’s review of the EDD filings shows.
So far in 2023, tech companies have disclosed their intentions to slash at least 13,100 jobs in the Bay Area. The five-month total for this year already exceeds the 10,457 layoffs revealed by tech companies during all of 2022.
Several tech companies have disclosed plans for multiple rounds of job cuts in the Bay Area, and some have hinted that even more staffing reductions are in the works.