Krista DeWeese, a marketing professional in the Bay Area, has been laid off four times in eight years, leaving her anxious and struggling to find secure work. Tech companies have slashed roughly 40,000 jobs since 2022, with Silicon Valley experiencing a 15% drop in pay from 2022 to 2023. This decline hits women especially hard due to the gender pay gap. Even fresh graduates like Genevieve Richards find it challenging to make ends meet in the Bay Area. Despite the tough job market, there is still hope for improvement, with companies offering greater flexibility in exchange for lower compensation.
https://www.mercurynews.com/2024/06/11/silicon-valley-salaries-are-shrinking-leaving-workers-in-the-lurch/