Tech layoffs have doubled in the Bay Area, but the real number could be much higher
And those are just the ones that can be counted.
By analyzing WARN Act filings, the four-county area of Santa Clara, San Mateo, Alameda, and San Francisco had a total of 3,135 tech jobs lost in the first quarter of 2016, the Mercury News calculated. That's up from 1,330 in the first quarter of 2015.
Among the tech companies to lose employees are SurveyMonkey (57), TiVo (52), Zenefits (83), Yahoo (279), TangoMe (53), Autodesk (71), and GoPro (77).
California requires companies with more than 75 employees to file a 60-day notice ahead of layoffs of more than 50 people under the Worker Adjustment and Retraining Notification Act. Many of the smaller startups in the Bay Area don't fall under that category. That means the real number could be much higher when you add up the companies that have done some downsizing or simply lost employees through attrition.
