Tech companies plan hundreds more Bay Area job cuts as layoffs worsen

NEWARK — Streaming titan Roku and electric vehicle maker Lucid Group have sketched out plans for fresh Bay Area job cuts, together adding hundreds of workers to the region’s worsening layoff toll.

Lucid has decided to chop 133 jobs in Newark and Roku intends to slash 91 jobs in San Jose, the tech companies stated in separate WARN letters that they sent to the state Employment Development Department.

“Changing business needs require us to reduce our workforce,” Ross Boughton, an associate general counsel with Lucid, wrote in the WARN notice filed with the EDD.

The Lucid layoffs are slated to occur by or around May 31 at the company’s offices at 7373 Gateway Boulevard in Newark.

The Roku job cuts will take place at the company’s headquarters at 1155 Coleman Avenue in San Jose and are slated to transpire by April 7 or June 7, the company said in the WARN notice. Most of the layoffs will occur in April.

“Employees terminated on April 7, 2023 will receive unconditional California WARN Notice Pay in the form of a lump sum payment that exceeds the salary and benefits they would have received had they remained a Roku employee through May 29, 2023, in addition to their final wages,” the Roku people team stated in the WARN letter.