Bay Area Tech Layoffs Surge: 2026 Job Cuts Already Double Last Year's Pace

SAN JOSE — Job cuts for the Bay Area tech industry so far in 2026 have greatly outstripped last year’s pace, a gap that has widened in the wake of fresh layoffs for the region’s critical yet unsteady tech sector.

The latest layoffs are poised to erase 600 Bay Area tech jobs, according to WARN notices posted by the state Employment Development Department (EDD).

Cisco Systems has disclosed plans to slash 471 jobs in the Bay Area, while Bill.com has revealed its decision to chop 129 positions in the region. Both companies are headquartered in San Jose.

The Cisco layoffs will eliminate 236 jobs in San Jose, 154 in Milpitas, and 81 in San Francisco. All the Bill.com staffing reductions will occur in San Jose.

These planned job cuts serve as a reminder of the upheaval affecting the Bay Area tech sector as it wrestles with post-COVID staffing strategies and the uncertainty ushered in by the artificial intelligence revolution.

Even worse, the pace of tech industry job cuts has quickened in recent months. Over nearly half of 2026, tech companies have disclosed decisions to eliminate about 10,900 jobs in the Bay Area. During the similar first six months of 2025, tech companies revealed intentions to jettison roughly 4,700 positions — meaning layoffs have more than doubled year-over-year.

Ominously, the disclosed tech industry job cuts in the Bay Area over just the first six months of 2026 have already topped the total for all of 2025, which produced 10,170 tech sector layoffs.

The Cisco layoffs are slated to occur July 13, while Bill.com's staffing reductions are scheduled for Aug. 24.