Tech companies in Silicon Valley have significantly increased employee layoffs in the first half of 2026. These reductions are approaching the total number of job cuts seen throughout all of 2025. This trend suggests the tech industry is experiencing its most substantial workforce reductions since 2023. Despite these layoffs, the unemployment rate in Silicon Valley remains relatively low. Experts attribute the cuts to companies recalibrating after pandemic-era overhiring and the rise of AI technologies.
Santa Clara and San Mateo counties
https://sanjosespotlight.com/silicon-valley-tech-layoffs-in-2026-close-to-2025-total/