Cisco, other tech companies chop Bay Area jobs in fresh layoffs
Cisco Systems has revealed plans to chop hundreds more Bay Area jobs.
SAN JOSE — Cisco Systems has revealed plans to chop hundreds more Bay Area jobs in a disquieting suggestion that the region’s tech layoffs have yet to run their course.
The tech titan reported that it plans to jettison 350 jobs on or around Oct. 16, affecting workers in San Jose and Milpitas, according to official filings with the state Employment Development Department.
Cisco has decided to lay off 227 workers in San Jose and another 123 employees in Milpitas, the EDD filings show.
All told, Cisco has cut slightly over 1,000 jobs in the Bay Area in two major rounds of job cuts.
In March, Cisco eliminated 673 jobs, affecting workers in San Jose, Milpitas and San Francisco, prior EDD filings show.
Other tech companies have recently revealed layoffs in the Bay Area:
— ContextLogic, an online e-commerce platform that does business as Wish, reported to the EDD that it had decided to eliminate 152 jobs in San Francisco.
— Planet Logic PBC, a satellite imaging technology company, is cutting 85 jobs in San Francisco.
Starting in January 2022, when the current era of post-coronavirus tech layoffs began, tech companies have disclosed plans to eliminate more than 27,900 jobs in the Bay Area, this news organization’s analysis of the EDD filings shows.