Jobless tech workers left out of SF AI boom
The gist
Tech employment in the San Francisco-San Mateo region is down about 14% from its 222,400 peak.
The AI windfall is concentrating while thousands of local tech jobs disappear.
How it unfolded
- Aug 2022Tech employment in the two-county San Francisco-San Mateo region peaks at 222,400.
- 2025 second halfEmployers let go 1,131 people in San Francisco in mass layoffs, 793 of them at tech companies or in tech jobs, per state EDD data.
- 2026 -06 (12 months ended)Tech-industry employers filed layoff notices for more than 14,500 Bay Area workers, almost double the prior fiscal year, per a Bloomberg analysis of California EDD data.