LinkedIn reveals global layoffs include nearly 200 Bay Area job cuts

SUNNYVALE — LinkedIn has revealed that its worldwide staff cutbacks included nearly 200 job cuts in the Bay Area, disclosures that serve as disquieting reminders the region’s tech layoffs have yet to run their course.

The tech titan disclosed cutbacks that affected 187 of its Bay Area workers, jolting employees in Sunnyvale, Mountain View and San Francisco, according to an official filing with the state Employment Development Department.

LinkedIn laid off 102 workers in Sunnyvale, 13 in Mountain View and 72 in San Francisco, the filings with the state EDD show. The EDD officially posted the LinkedIn letter on July 24, although the WARN notice was dated June 21.

“The separations occurred on June 9, 2023,” LinkedIn stated in the WARN letter to the EDD. “This action is expected to be permanent.” It wasn’t clear why the company issued the letter about two weeks after the effective date of the separations.

LinkedIn in May announced that it had decided to chop about 700 jobs worldwide, according to a LinkedIn spokesperson.

At the time of that announcement, LinkedIn did not reveal the Bay Area impacts of the cutbacks. The WARN letters are the first time the local job losses were detailed.

Separately, Anaplan, a software company, revealed plans to chop 119 jobs, all of them in San Francisco where the company operates its headquarters. Anaplan told the EDD that some of the layoffs occurred in late June and on July 21. Anaplan also anticipates additional layoffs in August, September and October, the EDD filing states.

With these latest disclosures of job cuts, tech companies have now jettisoned well over 26,000 workers in the Bay Area over an 18-month-plus period that includes all of 2022 and the year to date in 2023, according to this news organization’s analysis of the EDD WARN notices.

Yet while the more than 26,300 tech job cuts in the Bay Area since the start of 2022 represent a brutal blow to the region’s employment picture, clear signs have emerged that the pace of high-tech layoffs has begun to slow drastically in the nine-county region.

The first three months of 2023 produced disclosures of slightly over 10,100 tech layoffs in the Bay Area. The next three months, covering the April-through-June second quarter, revealed plans for another 5,200 layoffs — a sharp reduction.

Over the first three-plus weeks of the July-through-September quarter, the EDD posted disclosures of just 540 job cuts affecting Bay Area tech employees. If that pace holds up, the third quarter should bring about 2,000 to 2,500 tech job losses in the region. A big caveat: One gigantic layoff event can throw off the projections in a huge way.