Bay Area Tech Workers Feeling The Strain Amid Mounting Layoffs Across The Industry

CBS Bay Area

April 27, 2026

Mounting layoffs across the tech industry are leaving tens of thousands of workers searching for limited opportunities, as companies continue to scale back hiring after years of rapid growth.

Just this week, Meta announced plans to cut 8,000 jobs, about 10% of its workforce. It's the latest in a string of layoffs that have swept through the sector.

So far this year, tech companies have issued more than 92,000 layoffs, according to Layoffs. fyi, a website that has tracked industry job cuts since the pandemic. In total, roughly 900,000 tech positions have been eliminated since 2020.

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