1100 layoffs at Bay Area tech companies

1100 layoffs at Bay Area tech companies

SAP, Oracle America, PayPal, Instacart and Thin Film Electronics are among the technology companies that have alerted the state’s Employment Development Department of their intentions to reduce staffing levels. “SAP will provide affected employees with certain pay and benefits, including 60 days’ notice, pay through the layoff date and employee benefits through the end of the month in which the layoff takes place,” P. Daniel Healey, head of human resources in North America for SAP, said in a letter to the EDD regarding the layoffs in all three Bay Area locations. “Instacart will be winding down its relationship with Whole Foods Market and closing its in-store operations across Whole Foods Market stores,” Steve Chariyasatit, an employment counsel with Maplebear, which does business as Instacart, wrote in a letter to the EDD.

Source: www.mercurynews.com