SAN JOSE, Calif. — 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.
Texas-based American Airlines has decided to close its flight attendant base at San Francisco International Airport, a decision that will eliminate more 417 jobs on the Peninsula.
San Jose-based PayPal is cutting 59 jobs at its headquarters complex amid an ongoing belt-tightening at the well-known financial tech company.