Altera chops San Jose jobs — but pace of Bay Area tech job losses eases

Altera’s San Jose Job Cuts Signal Bay Area Tech Troubles

The Bay Area’s tech industry, long a hub of innovation and opportunity, is facing another wave of job cuts. Altera, a prominent player in the chipmaking world, has announced significant layoffs in San Jose, a move that reflects the ongoing challenges in the region’s tech sector. While the pace of job losses has slowed, the pain is still being felt.

What’s Happening?

Altera is cutting 82 jobs at its headquarters in north San Jose, emphasizing the continuing struggles of the Bay Area’s tech industry, despite a recent slowing in the rate of layoffs.

Where Is It Happening?

The job cuts are taking place at Altera’s headquarters in north San Jose, California, a region known for its strong tech presence.

When Did It Take Place?

The layoffs are scheduled to occur around October 8th, according to an official notice filed with the state’s Employment Development Department.

How Is It Unfolding?

– Altera, a major player in the semiconductor industry, is reducing its workforce in San Jose.
– The company submitted a required notice to the state about the pending job cuts.
– The Bay Area has seen a slowdown in the pace of tech layoffs but remains vulnerable.
– The affected employees are expected to lose their jobs by early October.

Quick Breakdown

– Altera is terminating 82 positions in north San Jose.
– The layoffs are scheduled for around October 8th.
– Bay Area tech job losses have recently slowed but persist.
– Altera’s HQ in San Jose is the primary location affected.

Key Takeaways

Despite a recent deceleration in the rate of job cuts, the Bay Area’s tech industry continues to grapple with employment challenges. Altera’s decision to cut 82 jobs in San Jose underscores the ongoing volatility in the region. While the tech sector remains a powerhouse, the layoffs highlight the need for resilience and adaptability in a constantly shifting marketplace.

The tech industry’s cyclical nature demands that both companies and employees prepare for both growth and contraction.
– Linda Chen, Tech Industry Analyst

Final Thought

The Bay Area’s tech industry is at a crossroads, balancing innovation with job market instability. Altera’s job cuts in San Jose serve as a reminder that even in a decelerated economic climate, challenges persist. Companies and employees alike must navigate this environment with foresight and agility to weather the storms ahead.

Source & Credit: https://www.mercurynews.com/2025/08/12/san-jose-altera-jobs-tech-economy-work-layoff-chip-bay-area-ai-intel/