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Tribune News Service
Tribune News Service
Business
George Avalos

Hundreds of tech and biotech layoffs rattle Bay Area job market

Oracle Bay Area Biomarin Pharmaceutical WARN Redwood City California EDD

REDWOOD CITY, California — A tech titan and a biotech company revealed plans to chop nearly 300 jobs in the Bay Area, hinting at unsettling prospects for the region’s employment sector.

Oracle America has decided to impose job cuts in San Mateo County while BioMarin Pharmaceutical intends to conduct layoffs in Marin County, according to documents filed with the state Employment Development Department.

All told, 295 positions are being jettisoned in the Bay Area due to the layoffs, the WARN notices sent to the EDD show.

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