Another example of California losing high paying jobs—and San Fran in a slow motion economic collapse. The Gap is going to lay off 500 workers, now. How many more in the coming months? Wait till after January 1 and you will see a large number of companies downsizing. This is part of the reason California lost 11% of its income tax revenue in the past quarter.
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SF Standard’s San Francisco Layoff Tracker
SF Standard, 9/20/22
From Jan. 1 to Sept. 20, 2022, more than 12,100 workers were laid off from 112 companies.
From Jan. 1 to Sept. 20, 2022, more than 12,100 workers were laid off from 112 companies.
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| Table with 6 columns and 111 rows. Currently displaying rows 1 to 40. | |||||
| Announced | Company | Industry | Layoffs | Reason | |
| 09/20 | Gap | Clothing | 500 500 500 | Economic conditions | |
| 09/19 | Sama | Artificial Intelligence | n.a. n.a. | Economic conditions | |
| 09/19 | Granular | Data Science | 60 60 60 | Company closure | |
| 09/14 | Twilio | Cloud Communications | 800 800 800 | Restructuring | |
| 09/13 | Marriott Resorts | Hospitality | 69 69 69 | Temporary layoff | |
| 09/13 | Patreon | Media | 80 80 80 | Post-Covid workforce reduction | |
| 09/12 | Karbon | Finance/Accounting | 38 38 38 | Economic conditions | |
| 09/06 | Juniper Square | Investment Partnerships | 65 65 65 | Changing marcroeconomic trends | |
| 09/02 | Snap Inc. | Social Media | 40 40 40 | Restructuring for macroeconomic environment | |
| 09/01 | Innovaccer | Healthcare | 120 120 120 | Economic conditions | |
| 08/31 | Apartment List | Real Estate | 29 29 29 | Organizational changes | |
| 08/25 | Skillz | eSports | 70 70 70 | Headcount reduction | |
| 08/26 | Okta | Identity services | 24 24 24 | Economic crisis | |
| 08/22 | Doma | Mortgage Refinancing | 250 250 250 | Shifting residential real estate market | |
| 08/19 | Stripe | Fintech/Payment processing | 50 50 50 | Post acquisition reduction | |
| 08/18 | San Francisco Housing Authority | Government administration/public housing | 146 146 146 | HUD 2019 audit | |
| 08/17 | Tempo Automation | Chip Manufacturing | 54 54 54 | Failed merger | |
| 08/19 | Stripe | Payment Processing | 50 50 50 | Post acquisition reduction | |
| 08/18 | New Relic | Infastructure | 110 110 110 | Restructuring plan | |
| 08/16 | Almanac | Collaboration | 20 20 20 | Workforce reduction | |
| 08/15 | Blend | Insurance | 220 220 220 | Extreme market downturn | |
| 08/11 | Calm | Health | 90 90 90 | Workforce reduction | |
| 08/09 | Shift | Transportation | n.a. n.a. | Merger and workforce reduction | |
| 08/05 | Talkdesk | Support | 200 200 200 | Downsizing | |
| 08/04 | Zendesk | Support | 80 80 80 | n.a. | |
| 08/04 | StubHub | Ticket Resale | n.a. n.a. | SF office closure | |
| 08/04 | On Deck | Startup Community | 73 73 73 | Refocus on key markets | |
| 08/02 | Nylas | Communications Software | 80 80 80 | Market conditions | |
| 07/29 | Imperfect Foods | Food | 50 50 50 | Shifting market dynamics/a> | |
| 07/29 | Quantcast | Ad Tech | 40 40 40 | Restructuring | |
| 07/28 | Career Karma | Education | 60 60 60 | Narrowing focus on profitability | |
| 07/28 | Change.org | Internet | 76 76 76 | Restructuring | |
| 07/28 | Metromile | Finance/Car Insurance | 60 60 60 | Post-aquisition to Lemonade | |
| 07/28 | Turntide | Energy/Electric motor tech | 130 130 130 | Cutting headcount post-valuation | |
| 07/26 | Dover | Recruiting | 23 23 23 | Market downturn | |
| 07/25 | Included Health | Healthcare | 72 72 72 | Company restructuring | |
| 07/22 | Clarify Health | Healthcare | 15 15 15 | Post-series D fundraising cuts | |
| 07/22 | People.ai | Sales | n.a. n.a. | n.a. | |
| 07/21 | Mural | Product Design | n.a. n.a. | n.a. | |
| 07/20 | Varo | FinTech | 75 75 75 | Move toward profitability |
INCLUDES COMPANIES HEADQUARTERED OR FOUNDED IN SF, AS WELL AS LAYOFFS OF SF STAFF BY COMPANIES BASED ELSEWHERE. LAYOFFS REPORTED AS A PERCENT OF THE COMPANY’S WORKFORCE ARE ESTIMATED USING RECENTLY PUBLISHED HEADCOUNTS.TABLE: JIYUN TSAI SOURCE: SF STANDARD FROM PUBLIC REPORTS
