Tech companies are cutting more than 250 workers in San Francisco, and DocuSign is cutting 400 employees globally.
Bay Area tech companies are laying off hundreds more workers, including more than 250 in San Francisco.
But that effort will take several years to pay off, and the company needs to watch its bottom line and cut costs in the interim, he said. DocuSign announced in February 2023 it was cutting 10% of its staff. Those layoffs came after it announced a 9% cut in September 2022. SF IndieFest offers a wide selection of strange and unexpected local movies The 26th annual SF IndieFest, which runs Feb. 8 through 18 at the Roxie Theater and the 4 Star Theater is filled with an array of funky and beautiful local films
“In order to grow profitably, we need to run the business with greater efficiency. While we’ve taken steps in the right direction, the reality is that costs are still too high,” McKinnon said. “This action is a proactive measure to help set the company up for long-term success.”
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