FREMONT — A tech company that specializes in electronics manufacturing has revealed plans to slash well over 100 jobs in the East Bay, a fresh round of layoffs to jolt the Bay Area’s wobbly technology sector.
Jabil, which manufactures electronics on a contract basis, has decided to cut 140 jobs in Fremont, according to an official filing with the state labor agency.
The layoffs are slated to be effective around Nov. 10, Jabil said in its letter to the state Employment Development Department.
The job cuts are expected to be permanent, Valeria Vargas, a Jabil human resources partner, wrote in the letter to the EDD.
“We do not anticipate that these employees will return to work in the foreseeable future,” Vargas stated in the WARN notice the tech company filed with the state government.
During 2023, Jabil has revealed plans for several rounds of layoffs affecting workers in the Bay Area, this news organization’s review of multiple EDD WARN notices shows.
So far this year, Jabil has detailed layoffs totaling 515 jobs, primarily affecting workers in Fremont and Livermore.
“All affected employees have been notified of their separation date and that this action will be permanent,” Vargas wrote in the WARN notice to the EDD. “Affected employees will be eligible to receive severance benefits.”
From January 2022 through mid-October 2023, tech companies have disclosed their intentions to eliminate more than 28,900 jobs in the Bay Area, according to the analysis of the EDD WARN notices.
In 2022, tech companies announced the decision to chop about 10,400 jobs. So far in 2023, tech companies have filed plans to slash roughly 18,500 jobs.
Source: www.mercurynews.com