Topics regarding layoffs at California

Topics regarding layoffs at California

Monarch Tractor Layoffs

Monarch Tractor is preparing for layoffs and has warned employees it may have to shut down without additional funding. The ag tech startup’s capital intensive hardware model has become harder to sustain in the current funding environment.


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Post ID: @OP+1kamf9ec8

Sutro Layoffs

Sutro Biopharma, based in South San Francisco, is cutting a third of its workforce in its second round of layoffs this year. The antibody-dr-g conjugate (ADC) biotech had already halved its headcount in March when it deprioritized luveltamab... — read more 


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Post ID: @OP+1k6h6bv88

Cuts?

Salesforce’s stock is in a tricky spot in 2025. It trades at $242.76 after falling 3.2 percent in the past week. The stock is up 2.4 percent for the month, but still down 26.6 percent this year and 4.1 percent over the last year. Looking longer term... — read more 


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Post ID: @OP+1k53ggyjq

KDFC & KUSC Layoffs

KDFC & KUSC (Classical radio stations) Nonprofit public radio staff Classical California laid off staff at KDFC in San Francisco and KUSC in Los Angeles due to a sudden $1.1 million cut in federal public broadcasting funds. The parent... — read more 


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CRST WARN Act Investigation

Strauss Borrelli PLLC, a leading class action law firm, is investigating CRST Expedited, Inc. dba CRST The Transportation Solution, Inc. (“CRST”) regarding its recent mass layoff in Boron, California. The WARN Act is a federal law that requires... — read more 

Cali Cuts Coming????

California is staring down a $12 billion budget deficit, and the reality is beginning to take shape // layoffs may soon be on the table for some state-funded sectors. Governor Newsom’s revised budget, unveiled last month, keeps overall spending flat... — read more 

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5/10/24: State of CA - May Revise for budget

Date: 5/10/24 Time: 11:00 am PST Watch on: https://www.YouTube.com/@cagovernor CA Governor releases the May revise of the Fiscal Year 2024-25 State of CA Budget. Projected $73 billion dollar deficit per LAO [Leg. analysis office].

Qualcomm, 1258 jobs

https://www.thelayoff.com/qualcomm https://www.cnbc.com/2023/10/12/qualcomm-to-cut-roughly-1258-jobs-in-california.html

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First Republic 1000 Jobs

https://www.thelayoff.com/first-republic-bank https://www.cnn.com/2023/05/26/investing/premarket-stocks-trading/index.html

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Game Over?

https://voidnetwork.gr/wp-content/uploads/2016/09/Does-capitalism-have-a-future-a-book-review.pdf

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Meta Facebook again

https://www.thelayoff.com/facebook https://www.msn.com/en-us/money/careersandeducation/mark-zuckerberg-is-planning-another-round-of-layoffs-and-it-will-likely-decimate-remaining-morale-at-meta/

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Silicon Valley Bank

https://www.thelayoff.com/svb-financial-group

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Post ID: @OP+1lBSW4K7

Udemy 10 percent cut

"...the layoffs are also part of a broader wave hitting the technology sector in 2023, a trend that has not spared the human resources space." https://www.highereddive.com/news/udemy-layoffs-gregg-coccari-letter/643179/

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Post ID: @OP+1liC50l0

Twilio

https://www.thelayoff.com/twilio https://www.cnbc.com/2023/02/13/twilio-layoffs-1500-employees-17percent-of-workforce.html

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PagerDuty

https://www.marketwatch.com/story/pagerduty-to-lay-off-7-of-staff-revenue-officer-to-exit-271674568511

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Alphabet Google (12,000 Jobs)

https://www.thelayoff.com/google https://www.cnn.com/2023/01/20/tech/google-job-cuts/index.html

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Coinbase again...

https://www.wsj.com/livecoverage/stock-market-news-today-01-10-2023/card/coinbase-to-cut-nearly-1-000-jobs-h7nN4tDCoFTuqbhlw6Ya?mod=hp_lead_pos6

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| 564 views | | 1 reply (January 31, 2023)
Post ID: @OP+1kCvDmdb

Salesforce

https://www.thelayoff.com/salesforce-com https://seekingalpha.com/news/3921965-salesforce-shares-climb-5-on-broad-job-cut-plans https://seekingalpha.com/news/3921813-salesforce-to-cut-workforce-by-around-10

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