Bay Area loses thousands of jobs in July as tech layoffs jolt economy

Bay Area loses thousands of jobs in July as tech layoffs jolt economy

Bay Area employers slashed thousands of jobs in July, an unsettling economic setback that suggests the waves of layoffs in the wobbly tech industry have begun to undermine the region’s employment sector. Last month’s job losses in the Bay Area were spawned by big employment reductions in the South Bay and the San Francisco metro … Read more

Apple cut at least 600 jobs when it axed car, smartwatch screen projects

Apple cut at least 600 jobs when it axed car, smartwatch screen projects

Apple laid off more than 600 employees in California as part of the decisions to end its car and smartwatch display projects, according to filings with the California Employment Development Department. The Cupertino, California-based company filed eight separate reports to the state to comply with the Worker Adjustment and Retraining Notification, or Warn programme. Companies … Read more

Riot Games lays off over 500 employees, shutters Riot Forge

Riot Games lays off over 500 employees, shutters Riot Forge

Riot Games League of Legends publisher Riot Games has cut 11% of its staff, resulting in 530 layoffs. The major company restructure will see the company’s entire Riot Forge studio shut down and include cuts to the Legends of Runeterra development team. Riot Games announced the move in two blog posts on its website. One … Read more