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Tech firms ax hundreds of Bay Area jobs as cuts this year outpace 2025

George Avalos, The Mercury News on

Published in Business News

SAN JOSE, Calif. — Job cuts for the Bay Area tech industry so far in 2026 have greatly outstripped last year’s pace, a gap that has widened in the wake of fresh layoffs for the region’s critical yet unsteady tech sector.

The latest layoffs are poised to erase 600 Bay Area tech jobs, WARN notices posted by the state Employment Development Department show.

Cisco Systems has disclosed plans to slash 471 jobs in the Bay Area, while Bill.com has revealed its decision to chop 129 positions in the region, the state EDD reported. Both companies have their headquarters in San Jose.

The Cisco layoffs will erase 236 jobs in San Jose, 154 in Milpitas, and 81 in San Francisco. All the Bill.com staffing reductions will occur in San Jose.

These planned job cuts serve as a reminder of the upheaval that has affected the Bay Area tech sector as it wrestles with its post-COVID staffing strategies as well as the uncertainty ushered in by the artificial intelligence revolution.

Even worse, the pace of tech industry job cuts has quickened in the Bay Area in recent months, this news organization’s review of more than 100 posts at the state EDD website shows.

 

Over a period that covers nearly half of 2026, tech companies have disclosed decisions to eliminate about 10,900 jobs in the Bay Area, according to the information that the state EDD has posted.

During the similar first six months of 2025, tech companies revealed their intentions to jettison roughly 4,700 positions in the Bay Area.

That means tech sector layoffs in the region over the period from Jan. 1 through late June have more than doubled the totals that were posted by the state EDD during the similar first six months of 2025.

Ominously, the disclosed tech industry job cuts in the Bay Area over just the first six months of 2026 have already topped the total for all of 2025, which produced 10,170 tech sector layoffs.

The Cisco layoffs are slated to occur July 13. The Bill.com staffing reductions are scheduled for Aug. 24, the EDD website post shows.


©2026 MediaNews Group, Inc. Visit at mercurynews.com. Distributed by Tribune Content Agency, LLC.

 

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