Where Are Most Tech Layoffs? Not Silicon Valley
Some of San Francisco’s most well-known tech firms have cut deep into their staffs in recent months. But much of the pain is being felt outside the Bay Area.
An analysis of public filings from 20 tech firms based in the region, including Uber, Lyft and Airbnb, show that three-quarters of employees laid off worked outside the region, typically in satellite offices around the world or in lower-cost locations like Portland, Ore., and Nashville, Tenn.