Airbnb, reeling from the coronavirus-spawned collapse of the global travel industry, has revealed the scope of its planned layoffs in the Bay Area — several hundred — while the YMCA of Silicon Valley has been jolted with huge job cuts, a new batch of state labor agency documents shows.
The latest round of planned job cuts in the Bay Area that were filed with the state’s Employment Development Department has taken the staffing reductions for May close to 30,000 — although this month’s totals so far remain well below the April layoffs that totaled 74,000.
San Francisco-based Airbnb has chopped 661 jobs, in what is described as a “permanent” layoff, according to the company’s WARN notice that was filed with the EDD.
YMCA of Silicon Valley has laid off 1,657 workers in Santa Clara, although the organization was uncertain of the status of the staffing reductions, the WARN notice showed.
Top-notch restaurants, hotels, and comedy clubs were among the businesses that were engulfed by layoffs.
The state’s EDD is slated to release an official assessment on Friday of the job market in California and the Bay Area in a report that’s expected to paint a picture of a grim economic landscape in this region.
To be sure, temporary furloughs — now ended — at Tesla’s Fremont locations, including the green car company’s vehicle factory, totaling 11,100 were by far the largest layoff event in California this year.
Nevertheless, the coronavirus continues to batter the Bay Area hotel industry, which has suffered thousands of layoffs in the nine-county region during May alone.
Hotels and hotel-linked companies such as Airbnb and TripAdvisor have revealed plans in May for layoffs totaling more than 2,100 jobs in the Bay Area. Hotel company layoffs have accounted for about 7 percent of the job cuts during May.
During April, hotel layoffs in the Bay Area totaled about 13,800 — or 19 percent of the 74,200 total layoffs in the region last month, this news organization’s analysis of the EDD WARN notices has determined.
