Electronics manufacturer cuts East Bay jobs in fresh tech layoffs
Tech layoffs: more than 28,000 Bay Area job losses in two years
FREMONT, CA — A tech firm that specializes in electronics manufacturing has revealed plans to lay off more than 100 people in the East Bay, a new round of layoffs to shake the Bay Area’s shaky technology sector.
According to an official filing with the state labor agency, Jabil, which manufactures electronics on a contract basis, has decided to cut 140 jobs in Fremont.
The layoffs are scheduled to begin around November 10, according to Jabil’s letter to the state Employment Development Department.
According to Valeria Vargas, a Jabil human resources partner, the job cuts are expected to be permanent.
“We do not anticipate that these employees will return to work in the foreseeable future,” Vargas stated in the WARN notice filed with the state government by the tech company.
According to a review of multiple EDD WARN notices by this news organization, Jabil has revealed plans for several rounds of layoffs this year, affecting workers in the Bay Area.
Jabil has detailed 515 layoffs so far this year, primarily affecting workers in Fremont and Livermore.
“All affected employees have been notified of their separation date and that this action will be permanent,” Vargas wrote to the EDD in the WARN notice. “Affected employees will be eligible to receive severance benefits.”
According to an analysis of EDD WARN notices, tech companies announced plans to cut more than 28,900 jobs in the Bay Area between January 2022 and mid-October 2023.
In 2022, tech companies announced the elimination of approximately 10,400 jobs. So far in 2023, tech firms have filed plans to cut approximately 18,500 jobs.