Skip to main content

Bay Area Tech Companies Slash Hundreds More Jobs

Written by George KellyPublished Oct. 02, 2023 • 9:27am
More than 50,000 layoffs have been issued in San Francisco since Jan. 2022. | Camille Cohen/The Standard
More than 50,000 layoffs have been issued in San Francisco since January 2022. | Source: Camille Cohen/The Standard

Bay Area technology companies have announced hundreds of layoffs in five San Francisco Bay Area cities, according to documents filed with the state in late September.

The five companies said they would permanently lay off 453 employees at multiple addresses in WARN notices received by the state on Sept. 25 and Sept. 27.

TTM Technologies said it would lay off 240 employees from a Santa Clara address. The layoffs at the advanced printed circuit board manufacturer will take effect on Oct. 16, according to the Sept. 25 notice.

Clari Inc. said it would lay off 139 employees from a Sunnyvale address. The revenue data management company's layoffs will go into effect on Oct. 15, according to the notice.

READ MORE: Another San Francisco Bay Area Tech Giant Will Lay Off Hundreds

Wolfspeed Inc. will lay off 50 employees from a Morgan Hill address. Those layoffs at the semiconductor developer and manufacturer will take effect Oct. 20, according to the notice.

BlackLine Systems Inc. said it would lay off 21 employees from a Pleasanton address. The cloud-based software platform for business management will take effect on Oct. 22, according to the notice.

Robinhood Markets Inc., a cryptocurrency and stock-trading financial management firm, will lay off three employees from a Menlo Park address. Two of those layoffs will take effect on Oct. 16, while one will take effect on Nov. 20, the notice states.

In early September, Cisco Systems Inc. announced it would permanently lay off 123 employees at a Milpitas address and 227 at a San Jose address. The layoffs will take effect on Oct. 16, according to the notice.

Tech layoffs appear to be slowing after a brutal year for the Bay Area’s tech-heavy economy. San Francisco tech companies laid off over 12,000 employees in January, a figure driven mainly by Salesforce’s decision to cut 8,000 employees that month. Yet layoffs have steadily slowed since then, with July reporting 1,178 layoffs.

George Kelly can be reached at

A driveless car pass a crosswalk on Market Street as a person stands and takes a picture with their cell phone.

GM Is Pulling Away From Cruise. What Happens to the Robotaxi Company Now?

two people walking in front of a sign saying Broadcom.

Longtime Tech Company Lays Off More Than 1,200 Bay Area Employees After Buyout Deal

A sign with hangs from a window of a bar that is closing its doors because of a controversial bike lane.

San Francisco Bar and Music Venue Closes, Blaming Controversial Bike Lane

An audience watches a basketball game projected onto a giant screen outside the Chase Center.

Golden State Warriors Sue Two San Francisco Companies Over Unpaid Luxury Suite Fees

A hand is holding a smartphone with the Unity logo on the screen. Behind the hand is a computer screen with the logo.

Troubled San Francisco Game Company Cuts 265 Workers, Ends Deal With ‘Lord of the Rings’ Director