Bay Area job cuts widen, affecting airline and tech company workers

SAN JOSE — Fresh employment cuts loom over the Bay Area’s uneven economy with a loss of hundreds of jobs due to shifting business needs for an airline and retrenchments for some high-profile tech companies.

Menlo Park-based Facebook app owner Meta Platforms is preparing to jettison thousands of jobs worldwide, with a significant impact expected to descend on the Bay Area job market. Twitter jettisoned 983 jobs in California, a cutback that includes 890 Bay Area layoffs, of which 784 occurred in San Francisco and 106 took place in San Jose.

The shutdown of the American Airlines flight attendant hub at San Francisco International Airport is expected to be permanent, the aviation company said in the filing with the EDD. But the impact is confined to the flight attendant base, the airline said.The shutdown of the flight attendant facility is scheduled for early next year, the filing stated.

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Bay Area sees lowest October home sales volume in 15 years - San Francisco Business TimesEconomic conditions in September and October continued to nosedive and so did real estate sales in San Francisco. Here's how much they were down in October compared to the previous year.
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