Bay Area job cuts widen, affecting airline and tech company workers

  • 📰 mercnews
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 68%

Finance Finance Headlines News

Finance Finance Latest News,Finance Finance Headlines

Fresh employment cuts loom over the Bay Area’s uneven economy with a loss of hundreds of jobs due to shifting business needs for an airline and retrenchments for some high-profile tech compan…

SAN JOSE — Fresh employment cuts loom over the Bay Area’s uneven economy with a loss of hundreds of jobs due to shifting business needs for an airline and retrenchments for some high-profile tech companies.

Menlo Park-based Facebook app owner Meta Platforms is preparing to jettison thousands of jobs worldwide, with a significant impact expected to descend on the Bay Area job market. Twitter jettisoned 983 jobs in California, a cutback that includes 890 Bay Area layoffs, of which 784 occurred in San Francisco and 106 took place in San Jose.

The shutdown of the American Airlines flight attendant hub at San Francisco International Airport is expected to be permanent, the aviation company said in the filing with the EDD. But the impact is confined to the flight attendant base, the airline said.The shutdown of the flight attendant facility is scheduled for early next year, the filing stated.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 88. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines