Tech companies plan hundreds more Bay Area job cuts as layoffs worsen

(Justin Sullivan/Getty Images) Lucid Motors headquarters in Newark, March 2023. Roku sign at the tech company’s new north San Jose headquarters campus in the Coleman Highline mixed-use office complex. (George Avalos/Bay Area News Group)

NEWARK — Streaming titan Roku and electric vehicle maker Lucid Group have sketched out plans for fresh Bay Area job cuts, together adding hundreds of workers to the region’s worsening layoff toll.

Lucid has decided to chop 133 jobs in Newark and Roku intends to slash 91 jobs in San Jose, the tech companies stated in separate WARN letters that they sent to the state Employment Development Department.

“Changing business

Related News

CNN economic analyst breaks down the ‘Wall Street versus Main Street divide’ | CNN Business

Police identify victim in deadly shooting after graduation ceremony in Fairfield

Elon Musk is poised to become the first trillionaire. Just how much money is $1 trillion?

The Moons of Uranus May Hold the Key to Finding Missing Planets

4 AI Prompts That Tripled a One-Person Business’s Revenue in 12 Months (No Team, No Funding, No Guessing)

The US Has a Plan to Combat Screwworm. It Involves a Lot More Flies