Analysis: in the Bay Area, tech employers filed layoff notices for 14,500+ workers in the 12 months to June and software engineer demand is down 42% since 2022 (Francesca Maglione/Bloomberg)

TechmemeSeptember 17, 2026en

Francesca Maglione / Bloomberg : Analysis: in the Bay Area, tech employers filed layoff notices for 14,500+ workers in the 12 months to June and software engineer demand is down 42% since 2022 — The enormous wealth generated by Anthropic and OpenAI is overshadowing layoffs and an uncertain job market in the city.

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• OpenAI
• Anthropic