Tech job cuts ease a bit in Bay Area as industry layoffs haunt region

The Bay Area’s wobbly tech industry is showing signs of stabilizing after suffering years-long waves of wrenching layoffs unleashed by the sector’s quest for improved efficiency.

While job losses at major companies like Tesla still haunt the region’s tech industry, which is being battered by staffing reductions, plant shutdowns, consolidations and reorganizations, cutbacks are now less severe overall.

During the one-year period that ended in March 2024, the Bay Area lost 36,000 tech jobs...