Oracle America has determined to slash greater than 188 jobs within the Bay Space, affecting staff within the Peninsula and East Bay, in keeping with the state Employment Improvement Division.
Described as everlasting, the reductions will have an effect on 143 staff in Redwood Metropolis and one other 45 in Pleasanton, in keeping with the EDD. The cuts are scheduled for Oct. 13.
Oracle beforehand made staffing reductions in 2017 and 2020.
The layoff announcement by Oracle follows comparable current disclosures by Altera in San Jose, which lower 82 jobs; and Block, beforehand often known as Sq., which eradicated 240 jobs at its workplace hub in Oakland’s Uptown district.
The newest bout of layoffs have occurred at a time when job losses for the Bay Space tech business are beginning to abate.
Throughout January-through-March, the Bay Space misplaced a web whole of 12,000 tech jobs. From April-through-June, it misplaced 6,300, in keeping with seasonally adjusted estimates that Beacon Economics derived from the official month-to-month state EDD jobs stories for California and its metro areas.
The San Francisco-San Mateo area slashed 9,000 tech jobs through the first half of 2025 – 5,000 within the first quarter and 4,000 within the second.
The East Bay shed 3,800 tech jobs over the primary six months of 2025, with 1,700 within the first quarter and a pair of,100 within the second.
Initially Printed: August 14, 2025 at 1:25 PM PDT
