OAKLAND, California — Tech company layoffs are poised to eliminate hundreds of jobs in the Bay Area, an ominous new round of layoffs that might jolt the region’s primary economic engine.
Malwarebytes, Shift Technologies, Robinhood Markets and Rivian Automotive have notified the state’s labor agency that they have embarked on cutbacks that are slated to jettison about 450 jobs in the Bay Area, according to official notices filed with the government.
Here’s the local impact of the layoffs that are in the works as a result of several tech company job cuts, which together total 453 positions. The layoffs were detailed in WARN notices filed with the state Employment Development Department: