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The Wall Street Publication > Blog > U.S > South Bay tech firm, East Bay oil titan prep contemporary job cutbacks
U.S

South Bay tech firm, East Bay oil titan prep contemporary job cutbacks

Editorial Board Published October 21, 2025
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South Bay tech firm, East Bay oil titan prep contemporary job cutbacks
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South Bay tech firm Invoice.com and East Bay vitality big Chevron have revealed plans for brand spanking new rounds of job cuts which are poised to displace effectively over 100 staff within the Bay Space, filings with the state authorities present.

The layoffs are a reminder that job cuts within the tech business have but to run their course, as a variety of tech corporations proceed to disclose their plans to trim staffing ranges within the area.

Invoice.com emblem on the tech firm’s workplace constructing at 6220 America Heart Drive in north San Jose. (Google Maps)

Chevron, which has moved its headquarters from San Ramon to Houston in one other instance of the company exodus from California to Texas, revealed prior layoffs that erased 600 jobs within the Bay Space.

In keeping with WARN notices the businesses despatched to the state Employment Improvement Division, the layoffs embrace:

— Invoice is slicing 84 jobs in North San Jose on the firm’s headquarters advanced. These layoffs are anticipated to take impact on Dec. 15, the WARN letter to the EDD exhibits.

— Chevron is eliminating 100 jobs in San Ramon, an East Bay metropolis the place the vitality big had as soon as based mostly its headquarters, in keeping with the WARN letter. These most up-to-date cutbacks are as a result of happen on Oct. 23. Chevron can also be slicing 75 jobs within the Kern County metropolis of Bakersfield.

Invoice and Chevron each said that the layoffs could be everlasting.

“We are providing severance pay, medical continuation coverage, access to education and training resources, and outplacement assistance,” Henry Perea, Chevron’s supervisor of state authorities affairs, wrote within the WARN letter to the EDD.

 

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