Apple lays off staffers ahead of CEO change

A report by CBRE indicates that New York City has reportedly overtaken Silicon Valley as North America’s top market for tech jobs, citing 394,000 tech workers at year-end. Meanwhile, the San Francisco Bay area dipped to roughly 375,000, a change attributed partly to layoffs and Wall Street's demand for AI talent. Despite this shift, CBRE notes that the Bay Area still ranks No.1 for its overall “Tech Talent.”