A tech company and a high-profile retailer are among the latest companies to reveal staffing cutbacks that are poised to erase jobs held by workers in the Bay Area.
SUNNYVALE — A tech company and a high-profile retailer are among the latest companies to reveal staffing cutbacks that are poised to erase jobs held by workers in the Bay Area, official state filings show.
“While the decision to close a store is always a difficult one, Bed Bath & Beyond looks forward to serving area customers at the nearby store in Santa Clara,” the company stated in the email. This other store is located on Stevens Creek Boulevard near Lawrence Expressway. Sunnyvale-based Quanergy intends to conduct a sale process that could include selling off technologies that a buyer might find attractive.
The company expects to continue operations during the Chapter 11 process and seeks to complete an expedited sale process with Bankruptcy Court approval, Quanergy stated.
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