SAN JOSE, California — The massive tech layoffs that have jolted the Bay Area job market have primarily affected non-tech employees of the companies that have orchestrated the local job cuts, a new report released Tuesday states.
The new CBRE report — which determined that the Bay Area is the nation’s top region for tech talent — offers a fresh look at the nature of the tech layoffs that have haunted the Bay Area economy for more than 18 months.
“Even as the tech sector’s resilience was tested in 2022, the (Bay Area) region continues to lead with the largest tech talent labor pool and highest number of tech roles of any U.S. market,” stated the new “Scoring Tech Talent” report from CBRE, a commercial real estate firm.
