[February 25, 2023](Compiled and reported by Epoch Times reporter Li Yingying) Recently, there are 6science and technologyand life sciences companies plan a new round ofdownsizing,bay areaNearly 600 jobs will be affected.
Velodyne Lidar, Intel, Upstart Network, Udemy, Medallia, and Lucira Health, reported the latest to the California Employment Development Department (EDD)downsizingAccording to the plan, a total of 593 employees will be laid off.
Velodyne Lidar, a San Jose-based lidar technology company, announced the layoff of 220 jobs in San Jose.
The company this month completed a merger with another lidar company, Ouster, and the layoffs are one of the consequences of the merger.
Santa Clara-based chipmaker Intel is cutting 112 jobs in Santa Clara, the semiconductor giant’s third round of layoffs since mid-2022.
Upstart Network, which uses artificial intelligence to provide online financial services, will lay off 102 jobs in San Mateo.
Udemy, an online learning platform, laid off 74 people in San Francisco.
Software company Medallia cut 59 jobs in Pleasanton.
Lucira Health, a biotech company that provides at-home COVID-19 test kits, has laid off 26 jobs in Emeryville and Berkeley.
Since mid-2022,science and technologyand life sciences companies, have announced inbay areaAt least 21,000 jobs will be cut.
But at the same time, some tech companies are continuing to hire even as they lay off workers.
Tesla has revealed in recent days that it will build a new engineering headquarters in Palo Alto.
About an hour after the announcement, at least 700 job openings were listed on the electric car maker’s job page. ◇
Responsible editor: Song Jiayi