Golden Gate Fields, Genentech, and Intel are among the latest high-profile employers to disclose plans to chop Bay Area jobs soon, indicating a shaky regional economy.
BERKELEY – JUNE 14: A Golden Gate Fields sign is photographed in Berkeley, Calif., on Monday, June, 14, 2021. Golden Gate Fields , Genentech and Intel are among the latest high-profile employers to disclose plans to chop Bay Area jobs soon, disquieting new revelations that hint at a wobbly regional economy .
Even so, chipmaker Intel and electric vehicle charging firm Volta are among the latest tech companies that revealed plans for staffing reductions in the Bay Area, according to the public posts on the EDD website. — Genentech, a biotech behemoth, is slashing 436 jobs in South San Francisco. These cuts are permanent and are scheduled for June 5.
— Sanofi, a France-based pharmaceutical company, is cutting 100 jobs in South San Francisco as part of a permanent shutdown of the operations in that city of a company Sanofi bought in 2022. The closure is scheduled for June 2.
Golden Gate Fields Genentech Intel Job Cuts Bay Area Regional Economy Tech Industry Staffing Reductions Chipmaker Electric Vehicle Charging Firm
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