#layoffs-2024

#layoffs-2024

The general manager for the Palm Springs Riviera Resort & Spa told SFGATE that while its 233 employees were told they were laid off, the resort plans to keep on as many staff members as it can during the seven-month renovation, with a commitment to rehire the rest after the modernization is complete.

Albertsons is nursing a 'merger hangover' after the Federal Trade Commission blocked a $24.6 billion marriage to Kroger, leading to store closures across the country.

Employers added 178,000 jobs last month, much more than forecasters had expected, reversing big job losses in February and indicating a rebound in the labor market.

"It's a brutal job market. To see that 3.1% hiring rate, the lowest since April 2020, underscores how little hiring is going on."

Fueled by an upswing in the South Bay, the Bay Area gained thousands of jobs in December 2025. California as a whole, however, suffered losses in a setback that capped a dreary economic year for the nation's largest state. The region added 2,300 nonfarm payroll jobs last month, according to a report released by the state Employment Development Department on Friday. Overall, the state lost 1,700.

SAN JOSE Western Digital Technologies eliminated just under 100 jobs in the Bay Area, according to a WARN notice the tech firm filed with the state Employment Development Department. The data storage company cut 87 jobs at its head offices at 5601 Great Oaks Parkway in South San Jose, according to the notice. The layoffs took place on Jan. 20, the WARN letter revealed.

Autodesk, Inc. announced Thursday it plans to lay off about 1,000 employees, largely in sales roles.

Oracle Corporation (NYSE: ORCL) is planning to cut "thousands" of jobs as soon as this month. And yes, artificial intelligence is to blame-but not solely because AI is directly taking jobs. Instead, Oracle is reportedly planning job cuts to free up cash for its AI data center expansion, which the company is pursuing to compete with cloud computing giants Amazon and Microsoft.

Will AI lead to layoffs? Are people already losing their jobs to AI? While overall employment in the U.S. is still relatively low, there is considerable speculation that the adoption of generative AI was a cause of recent layoffs and slowed hiring, particularly in the tech industry, for entry-level workers, and in customer service and programming jobs. More may be coming: Leading CEOs-including those from Ford, Amazon, Salesforce, and JP Morgan Chase-have proclaimed that many white-collar jobs at their companies will soon disappear.