Bay Area and California job markets slow in a big way as economy wobbles

The job markets in the Bay Area and California suffered big slowdowns in the pace of employment gains in August, fresh hints that the economy has begun to wobble amid inflation and rising interest rates. The Bay Area added just 4,400 jobs in August — well below the region’s increase of 17,900 jobs in July … Read more

Will This Recession See Massive Layoffs? – CNBC

Will This Recession See Massive Layoffs?CNBC Layoffs loom on the horizon, some economists sayCNBC View Full Coverage on Google News

Bay Area and California job markets slow in a big way as economy wobbles

The job markets in the Bay Area and California suffered big slowdowns in the pace of employment gains in August, fresh hints that the economy has begun to wobble amid jolts from inflation and rising interest rates. The Bay Area added 4,400 jobs in August — well below the region’s increase of 17,900 jobs in … Read more

Tencent Guts Gaming News Site Fanbyte, Fired With No Warning

Image: Fan exchange Today layoffs hit the respected video game and entertainment website Fan exchange, with the site’s editor-in-chief and head of media among the list of staff who are now out of work. According to two Fan exchange employees, the layoffs were a total shock, with some reporting that they had just worked with … Read more

Patreon Cuts Its Security Team

Patreon, the online platform that allows content creators to foster a direct subscriber base, has laid off five employees responsible for its security engineering. The company confirmed the worker cuts in an email to Gizmodo on Friday. “As part of a strategic shift of a portion of our security program, we have parted ways with … Read more

Bay Area layoffs increase as tech companies chop hundreds of jobs

OAKLAND — 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 … Read more

Calm Meditation App Is Reportedly Laying Off 20% of its Staff

Photo: Staff (Getty Images) Former employees at the meditation app Calm may need to stop and take a deep breath. On Thursday, the company’s CEO, David Ko, announced layoffs impacting 20% ​​of its roughly 400 employees in a memo to staff seen by Gizmodo. That 20% translates to around 90 employees. The memo comes amid … Read more

This is the one part of the labor market where workers have less bargaining power

Friday’s jobs report showed surprising strength in the labor market, but there are signs that all may not be well for all workers. Quitting in low-wage sectors such as retail, leisure and hospitality is slowing down, said Nick Bunker, an economist at Indeed Hiring Lab. That means people working in those sectors probably have less … Read more

The 12 Biggest Tech Layoffs of the Year… So Far

Photo: Bennett Raglin (Getty Images) Although the world’s leading online retailer, Amazon, has so far managed to weather the tech downturn relatively well, the same cannot necessarily be said for its smaller competitor, Shopify. In late July, Shopify CEO Tobi Lütke announced the company would lay off 10% of its staff, roughly 1,000 workers, following … Read more

Neenah Foundry announces more than 100 layoffs – Fox11online.com

Neenah Foundry announces more than 100 layoffsFox11online.comView Full Coverage on Google News