Ignite FB Tracking PixelTech layoffs to top 1,000 in Bay Area by late May, state reports show - Joe N. Pollifrone
Tech layoffs to top 1,000 in Bay Area by late May, state reports show

by Joe N. Pollifrone 04/08/2019

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SAP, Oracle, PayPal, Thin Film Electronics, Instacart plan job cuts by Memorial Day

Tech and web-based companies intend to cut well over 1,000 jobs in the Bay Area between now and Memorial Day, according to new official filings with state labor officials.

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.

All told, about 1,200 jobs will be lost through the employment reductions being planned by the five companies, WARN notices filed with the state EDD show.

https://www.mercurynews.com/2019/03/27/tech-layoffs-to-top-1000-in-bay-area-by-late-may-state-reports-show/

photo credit; Aric Crabb / Bay Area News Group.

About the Author

Author
Joe N. Pollifrone

For over 34 years, Joe Pollifrone has practiced real estate full-time as a licensed Real Estate Broker in California. Joe’s vast sales experience includes duplexes, tri-plexes, four-plexes, apartment buildings, land, condominiums, townhomes, fixer-uppers, estate properties, and bank-owned properties (REOs). He also is active in selling non-owner occupied properties and is well-versed in 1031 tax-deferred exchanges, property management, tenant/landlord issues, and local laws. During Joe’s career to date, he has sold in excess of $200,000,000 of real estate, including over $32,000,000 in REOs. 

Joe brought his deep experience to Sereno Group Willow Glen as a Broker Associate in 2012. He was the Sales Manager and led a top-producing office. Joe would mentor new Sereno hires, making sure that they’re comfortable with the ethos of the office, plugged into Sereno’s network of contacts, and well-versed in the technology required of today’s real estate professionals. 

Joe prides himself on his proven ability to negotiate, extensive knowledge of contracts, and securing close of escrows in a timely manner. Both he and his clients credit his success to effective communication skills, honesty, and hard work. Joe is a native of San Jose and resides in Willow Glen with his wife of twenty-seven years, Kimi, his daughters Milan and Micaela and their two Goldendoodles, Tony-Luca and Marco.