Tech companies plan hundreds more Bay Area job cuts as layoffs worsen

The Lucid layoffs are slated to occur by or around May 31 at the company’s offices at 7373 Gateway Boulevard in Newark.

The Roku job cuts will take place at the company’s headquarters at 1155 Coleman Avenue in San Jose and are slated to transpire by April 7 or June 7, the company said in the WARN notice. Most of the layoffs will occur in April. “Employees terminated on April 7, 2023 will receive unconditional California WARN Notice Pay in the form of a lump sum payment that exceeds the salary and benefits they would have received had they remained a Roku employee through May 29, 2023, in addition to their final wages,” the Roku people team stated in the WARN letter.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bay Area farmers' market vendors struggle to recover profits after setbacks from epic winter stormsA stormy winter season in the Bay Area has taken its toll on local farmers markets and the family-run farms that sell produce. Rain and wind have caused some vendors to lose money. Sad that the people who work so hard for us to put food on our plates have suffered so much..last I heard many didn’t know if they would survive because they didn’t know if they would be helped..
Source: abc7newsbayarea - 🏆 529. / 51 Read more »