Some high-profile names — including Bay Area tech companies — have appeared in the latest batch of planned job cuts received by state labor officials, a grim reminder that coronavirus-linked economic woes might not have run their course.
Genentech, Uber Technologies, and Gatan are among the tech companies whose layoff notices that have been sent to the state’s Employment Development Department, but the recent round of planned job cuts also include a number of Bay Area casinos.
The layoffs are an unsettling reminder that even with a huge upswing in hiring in the Bay Area, California, and the United States during May and June, planned job cuts are continuing at a pace that’s far above what was normal prior to wide-ranging business shutdowns that were ordered by state and local government officials starting in March.
