SAN JOSE — Cisco Systems has revealed plans to chop hundreds more Bay Area jobs, evidence the region’s tech layoffs may not yet have run their course.
The digital technology conglomerate 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 state filings show.
Related Articles Economy | Bay Area jobs slowdown becomes pronounced Economy | California adds jobs in August Economy | Economist is ‘very optimistic’ about Bay Area’s fiscal future — if these challenges can be met Economy | Antioch extends $30,000 incentives to attract new police hires Economy | Wages are finally rising faster than inflation, but why don’t we feel it? 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 state filings show.
— ContextLogic, an online e-commerce platform that does business as Wish, reported to the state that it will eliminate 152 jobs in San Francisco.