An array of companies that include tech and biotech firms will chop well over 900 Bay Area jobs.
MILPITAS — An array of companies that include tech and biotech firms will chop well over 900 Bay Area jobs, new disclosures show — yet the pace of tech layoffs has clearly slowed in this region.
The companies have decided to chop a combined 955 jobs in the Bay Area, the WARN letters filed with the state EDD show. — Point Digital Finance has decided to chop 61 jobs in Palo Alto, the company said. Point Digital provides a software platform to help people access home equity lines of credit. The cuts occurred on July 28 but were posted by the EDD on Aug. 31.
— Codexis, a biotech company, has decided to chop 59 jobs, divided between sites in Redwood City and San Carlos. The cuts are due to occur Sept. 30. — Fish Market Restaurants is calling it quits and is cutting 140 Bay Area jobs as it closes seafood dining spots in Palo Alto, San Mateo and South San Francisco. The cuts are slated for Sept. 14.
But the vast majority of these tech layoffs occurred during the first three months of this year, this news organization’s survey of the EDD WARN notices shows.
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