Tech Layoffs More Than Double In Bay Area (mercurynews.com)

An anonymous reader shares an article on Mercury News: In yet another sign of a slowdown in the booming Bay Area economy, tech layoffs more than doubled in the first four months of this year compared to the same period last year (could be paywalled, here's an alternate source). Yahoo's 279 workers let go this year contributed to the 3,135 tech jobs lost in the four-county region of Santa Clara, San Mateo, Alameda and San Francisco counties from January through April, as did the 50 workers axed at Toshiba America in Livermore and the 71 at Autodesk in San Francisco. In the first four months of last year, just 1,515 Bay Area tech workers were laid off, according to mandatory filings under California's WARN Act. For that period in 2014, the region's tech layoffs numbered 1,330. The jump comes amid a litany of other signs that the tech economy may be taking a breather: disappointing earning reports from stalwarts like Apple, an IPO market that has come to a near standstill, a volatile stock exchange and uncertainty in China.

Comments

Re:Number H1B requests to go up as well.

[Archangel Michael]

H1-Bs aren't citizens and can't vote.

While technically true, there is this secret thing called Anchor Babies, and pretending they don't exist is a fun game.They come here, have kids and don't ever have to go home. It is a well known secret. Because if you say "Anchor baby" you're a racist! so SHHHHH don't tell anyone about how to stay here forever. SHHH It is a secret only RACIST people know about (never mind that race has nothing to do with it, at all)

Let me ask you this, what happens when you drop an anchor baby, and your H1B expires and you can't get a job?