Another round of cost-cutting at employers across the San Francisco Bay Area has caused layoffs to spike, hitting levels not seen since the beginning of 2023. The rise in layoffs and weak employment prospects may lead to weaker demand for the region’s commercial real estate markets.
San Francisco Bay Area Job Losses Escalate As Businesses Cut Costs
Staff Reductions Could Impact Region’s Commercial Real Estate
By Nigel Hughes
CoStar Analytics
June 13, 2024 | 7:16 P.M.
RELATED ARTICLES
This news story is available exclusively to CoStar subscribers.
Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.
This news story is available exclusively to CoStar subscribers.
Ready to Learn More?
Sign Up For a Personalized Demo.
Sign Up For a Demo To Learn More.
Already A Subscriber? Sign In