Analysis: in the Bay Area, tech employers filed layoff notices for 14,500+ workers in the 12 months to June and software engineer demand is down 42% since 2022 (Francesca Maglione/Bloomberg)
Francesca Maglione / Bloomberg:
Analysis: in the Bay Area, tech employers filed layoff notices for 14,500+ workers in the 12 months to June and software engineer demand is down 42% since 2022 — The enormous wealth generated by Anthropic and OpenAI is overshadowing layoffs and an uncertain job market in the city.
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