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The Latest Breaking News from Zymergen

Job cuts widen as tech, biotech firms plan fresh rounds of layoffs

Tech and biotech companies have begun to reveal plans for multiple rounds of job cuts in the Bay Area, disquieting disclosures that suggest the current layoff surges will be ongoing.

Tribune News Service

Widening tech, biotech job cuts could jolt broader Bay Area economy: experts

SAN JOSE, Calif. — Bay Area tech and biotech companies have recently revealed plans to chop thousands of jobs, layoffs that raise the specter that these cutbacks might haunt the region’s broader economy.

Tribune News Service

Biotech and tech job cuts widen in Bay Area as companies chop workers

NEWARK, California — Employers have decided to eliminate hundreds of biotech and tech jobs in the East Bay with layoffs at companies in Emeryville and Newark, a fresh round of unsettling job cuts during uncertain economic times.

Tribune News Service

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Cathie Wood Watch: Ark Piles Into Nvidia, Buys an AI Biotech

Ark Innovation has dropped 54% this year but has enjoyed inflow of $1.2 billion over the past six months.

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