Construction startup Katerra, which has raised more than $1 billion from SoftBank’s Vision Fund, laid off more than 400 people on Monday, people familiar with the matter said. It is the latest of at least four rounds of cuts at the Menlo Park, Calif.-based startup since last fall.

The layoffs amounted to 7% of the staff, a company spokesperson said. They mark one of the first major moves ...

Today marks the official start of summer. Even here in the San Francisco Bay Area, which has been slower to remove coronavirus restrictions than many parts of the country, it feels shutdowns are nearly behind us. People are drinking beer on restaurant patios. Traffic is returning. 

Yet a review of when tech companies are planning to bring most of their workforce back to the office suggests ...

Last year, Michael Snow joined GitLab, an open-source collaboration software firm that has long allowed its employees to work remotely from anywhere they want. After several months of working while traveling the world, Snow eventually settled in San Francisco. The decision surprises people, who ask Snow why he didn’t choose a much cheaper location. 

Snow said his primary motivation ...

In 2015, Facebook employees were offered an unusual perk: a cash bonus of at least $10,000 if they moved within 10 miles of the company’s suburban Menlo Park, Calif., headquarters. The lure was typical at the time for the social media giant, which had just completed a new office building that placed thousands of employees in one giant room. 

Five years—and a ...

A shift to remote work at companies was underway even before the Covid-19 outbreak. New startups were being born that were fully “remote from the start.” Larger companies were experimenting with remote work to access talent outside major hubs.

But while the shift had started, few firms had fully embraced the change. Moving to a remote-work culture from an office culture requires an ...

Google’s parent company, among the San Francisco Bay Area’s largest property owners, is starting to pull back from its decadelong land grab.

Alphabet in recent weeks has broken off talks to buy or lease more than 2 million square feet of office space in the Bay Area, including what would have been one of the largest ever real estate deals in San Francisco, two people familiar with ...

Home-buying startup Opendoor laid off more than 600 employees Wednesday, one of the deepest cuts from a private tech firm since the coronavirus outbreak sent the economy into a tailspin. 

The layoffs amount to 35% of Opendoor’s staff, CEO Eric Wu said in a statement. The company halted home purchases last month, cutting off the home-selling fees that are its main source of revenue. ...