How Many LAID OFF in Silicon Valley 2026. Tech Layoffs Tracker This Week's Winners and Losers

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How many laid off in Silicon Valley in 2026? Tech Layoffs Tracker
How much income do you need to buy a house in 2026
PROBATE AND ESTATE SALES
Cupertino Home of the Week
Willow Glen Home of the Week
Luxury Home of the Week
How your Home will be Marketed
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How many laid off in Silicon Valley in 2026? Tech Layoffs Tracker

There you go. Listen, did you know that? How many people are faking anyway? We're not really into that. That's not real. What we're here for today, we're talking about how many layoffs are happening all across, not just Silicon Valley, but also across the United States, all because of AI and tech. Tech workers are seeing a lot of layoffs. Did you know that we're actually over a hundred thousand tech workers being laid off over the from, for, from since the beginning of the year? Since January. Yeah. A hundred thousand. And look, not saying that they're all in Santa Clara County or Silicon Valley at all.

At all. This is global across the United States, maybe even some other countries.

100K Jobs Lost Breakdown

But I just did like this little parlay thing, and just like, oh, I wonder how many households we have in Silicon Valley. Did you know that it was a 900,000 households in Silicon Valley? Holy crap. I mean, what would happen if that were to let me break this open here? There you go. A hundred thousand people, since the beginning of the year, right here, 27,000, 24,000, 38,000. Now, Meta just announced 8,000 people, but I think it got even bigger than that. So yeah, we're over a hundred thousand people globally. But geez, you're seeing a slowdown.

You're seeing this and that. We're like, oh my God, what's going on?

AI Disruption Beyond Tech

AI is taking the job of multiple software engineers and other types of engineers, people who write software, and it's hurting our little microeconomy just as it is. Could it be why? Here's the thing, right? In 2008, it was.

Of the people who had the new mortgages, which were roughly 60% of the entire households across the United States, 5% of those 60% were affected by the pick-a-pay. And people started falling behind in paying their mortgage. And it was roughly due to 5% of the population, I guess you can say, this is roughly 10% of the households, or 11.1% of the households are. If it were all of just Silicon Valley, it's not, but it is not really; let's just be conservative and say it's half of the people that live in Silicon Valley are being, or half the people that got laid off live in Silicon Valley.

Well, it's 5% or maybe like five and a half percent, but it's, it's the same thing. So wherever you see little tech hubs that are affected by AI taking jobs, and look, this is nothing new.

Adaptation and Retraining

We're Americans, we're resilient. We bounce back, we learn how to adjust. Some don't. Some do most, do you know, like the auto workers back in the eighties, right?

Michael Keaton had a movie out, and it was all about the Japanese taking over, oh my God, blah, blah, blah, and you just learned to cope. And then it was robotics that came in and started taking jobs. Oh my God. It was blah, blah, blah. And then it was NAFTA, the trade organization. Not the other one that was, yeah, that was the big joke.

But that was when we started sending our jobs down to Mexico and ba massively over to China and to Vietnam and all that other stuff. So we started exporting jobs to other parts of the world because of cheap labor. Yeah, we bounce back. Not everybody, we still have people who are generally generationally unemployed for whatever reason, but a lot of them bounce back.

They retrained, and they got another type of job. They went from auto worker or manufacturing or assembly or whatever to a professional job or design services or what have you. That's something you have to worry about. This is something you have to worry about, right? This is gonna take over multiple industries.

It's not just tech, work workers. They're saying this could take over lawyers, they could take over bookkeepers, they could take over a lot of soft skills, not soft skills, hard skills, technical things that you want to go to school for. I went to school for a degree. My degree is in business management as supply chain management.

How are you gonna change that? Well, AI will take over a lot of the thought process. They're still not gonna need people to implement the supply chain. But I could see my, my, if I were in supply chain, I could see that a lot of people would be getting out of their work, right? Finance. When you look at buying a business, you can ask AI to take a look at that business and bring you information.

So guess what? It could replace the need for business brokers or at least mergers and acquisitions people, saying, " We don't need you anymore, right? So anyway, not saying it's going to happen, I'm saying it can't happen. I'm just saying.

What To Do If Laid Off

If you think it's one of the reasons why you might be getting laid off or why you got laid off, it's time to start changing your attitude and start moving towards figuring out stuff that you can live off of.

Get another job, get into construction, or vote. I, don't know, I don't know what all the answers are because I'm not that guy, but just something to be aware of. Okay, let's see, this thing right here. Over 100,000 tech jobs were lost in four months in 2026. And then TrueUp shows this.

That was where, right where we were. And it doesn't go specifically into it. So that's the thing. Like you say, how many were laid off in Silicon Valley in 2026, and it says over a hundred thousand tech employees were laid off globally. So, I can't tell you specifically just in Silicon Valley, so let's just say it's half.

I could be wrong, but at least you know where we're at, right? Keep that in mind.

Investor Fear and Market Mood

Real estate investors' optimism fades amid geopolitical tr tensions. This is done on the 22nd, which is five days ago, but it's just something we need to be aware of, be talking about, because I've been telling people this for a bit.

It's just something that's going to happen because. Wars tend to scare people. Right now, out of my three listings, I have three showings this weekend. Nothing to write home about. People are looking for good deals right now. And if you're not in a need-to-sell situation, well, you're gonna hold onto that house because if you don't need to sell it or it doesn't make sense for you to sell it right now, rent it.

If the market's collapsing, and I did. I told people this in 2008 when the market collapsed, and I told 'em in 2010, and I or 2015, I told 'em in 2018, I told 'em in two TH two, whenever the market starts, plateauing, hold off. Do you need to sell? Then keep it on the market.

So anyway, just something to be aware of. Again, this link is in my, my blog, so please feel free to do it. But even investors are walking away from deals right now because they don't know where the market's going, and they have thin margins today because everybody's a mom and pop investor. So if you're looking at, if you're looking at buying a house for an investment, maybe you should hold off.

If you're thinking about buying a business, let's talk, 'cause I'm looking at buying businesses right now, and I'm talking about that on my financial intelligence platform. And if you're interested in learning more, go over there. But there you go. So everybody's buying everybody in real estate right now.

More. Okay.

Mergers Signal Market Shift

What does that first and foremost mean to me? That's a big indicator to me that the market is shifting. Do you go in when the market is super hot? Well, yeah, most people do. Okay. Smart investors don't buy when the market's crazy hot, like in 2021, when interest rates were 2.5%, and everybody was throwing $ 400,000 or $ 500,000 over list price just to get a house.

'cause they got desperate and they got the me too attitude going on. Well, that was dangerous, right? Because now. You're stuck in that house, whether it was your forever house or not. Your two and a half percent might not be the perfect house, but I can tell you that you have equity in that house. Unless you've completely refinanced and refinanced and refinanced, and you're overboard, then you're in a short sale situation that's on you.

How much income do you need to buy a house in 2026

When To Buy in Uncertainty

Money management matters. When the markets hedge and they start to ebb instead of flow, and people say, " You know what? This might be a good time to buy. That's a good time to buy when people are questioning the market, and they're saying, " What the hell's going on in the market? Well, maybe this is a good time to buy.

Compass got bought by Berkshire Hathaway, which got bought by anywhere or any way or whatever, which was a big, huge holding company. And they own, like, own like 10, 12 different big, huge brands now, like Century 21, Compass, Berkshire Hathaway, all these other companies. It's this big, huge, plain vanilla, massive holding company.

' cause they did strategic buys and it makes sense for you to do that sometimes when you're in that business, right? Well, the company I work with, I hang my broker's license under there. I'm not a broker, I'm a broker associate. I don't want to deal with the management of other agents. They bought a re max.

The oldest brands out there, real bot re max, what does that mean to you? Nothing. You don't really care because why should you? I think it's an indication of the market. Am I excited that re max got bought? I don't care. Never really thought much about re max. Thought they were a good brand. They were like the Tom McCann of the shoes back in the eighties.

They were a good brand, but they were, you know, they laughed. They were shoes. They weren't like brand-specific. So, I don't know what it means to me. Don't really care what it means to you. Is this an indication that the market is hedging or ebbing? As a consumer might be a buy indicator. This might be a time for you to at least get your muscles working right now.

Get your loan approval done to see if it's a good time to buy. In the next couple of weeks, see what happens. Because if it's all indication where we're plateauing and something might happen, I'm not saying it's going to, 'cause it hasn't happened since 2008. We saw a couple of plateaus. 2018. 2022 could be a plateau, but it could also be a massive dump because we're in a war, with job situations going on.

We just talked about AI taking jobs. So just be aware that this might be a good time to look at buying a house.

Cupertino Home of the Week

Cupertino House of Week

Not saying it is, but I'd also talk to a lender right now, Cupertino House of the Week. This is South Elling, not my listing. $5.3 million brand, spank, and new. Looks like they bought a hunk of land, and they put four or five houses on it.

Now they're selling it for $5 million. They probably paid just a quarter-acre hunk of land. They subdivided into four different pieces of, uh, for four different parcels, and they put four houses on it. That's kind of what it looks like to me. And then they had Thomas James do the build-out and put another million and a half.

So each house is worth about $3 million. Hard cost. So then you have 1.2 million, $1.3 million in equity rate there. When you sell, there you go, oh, this isn't even built. Well, it looks like it's built; they just don't have interior pictures. So to me it looks weird because it's like a one-car garage, two spaces, carport, minimum. So I don't know. I can't tell. You know what? I can't tell because there's a floor plan. Thank you for putting the floor plan out. That's upstairs. That's the dining. They don't show you. Oh, right here. But that's weird because it's just the angle. So there you go. So if you're interested in learning more, let me know.

Take you to it. We'll get you into it. It's a seven-bedroom, meaning it's a massive, massive home for multi-generational. If you're a multi-generational family, meaning parents, grandparents, yourself, and your kids, it's a good place to put in 'em.

Willow Glen Home of the Week

Willow Glen Deal or Dud

Okay, Willow Glen. House of the week. Merle Ave. Not my listing.

Brand new listing $1.8 million in Willow Glen, but the median price is $2.4 million. Why are you showing me this? Because it's in Willow Glen. Remember? Location, location. Location, though, right? Three bedroom, two bath. Built in 1939.

Here's my phone. There it is.

Oh no. Hang on a second.

Okay,

Cooper, this is Willow Glen, House of the Week. And we're looking at this, but here's the thing. Remember, I told you, Willow Glen House of the week, do you remember this right here, what is this? It's a trail, but there is also a railroad track right here. So this isn't a bad place. This is actually a nice place right here.

A little busy, but it's also in a cul-de-sac. But also, it's not where everybody wants to be in Willow Glen. If you're gonna be anywhere on Willow Glen, it's down here; everything up here is closer to the freeway, closer to the flight path, which is why it's $1.8 million, but it's also an 80-year-old house.

So there you go. Not much to look at inside. I don't think it was redone. Okay, we're not gonna go that and then it's just taking too long.

Luxury Home of the Week

Woodside Luxury Spotlight

This is Luxury House of the Week, Olive Hill, not my listing on Woodside. $35 million, six-bedroom, five bath, 6,400 square feet, built in 1977. And it looks like, I don't know, it looks like, uh, it looks to me, it looks like it's a big green lake, but it's probably just a nice grass lawn.

I can't look at it right now. It's also in the fire zone. But if you can afford $35 million, that's okay. You can afford the fire plan, the fair plan. So there you go.

Yeah, it's a nice house, $35 million. If you wanna take a look, gimme a call. Happy to work with you. There you go again, all these listings are in my blog. You're very welcome to take a look at it and take a look and ask questions.

Bay Area Market Stats Wrap

So nothing much to talk about here outside of the fact that I. San Mateo is still number one.

San Francisco bumped up on average to 2.7 million versus 2.4 million on average. The median price is still $2 million, and San Mateo holds the 2.1, but what you gotta remember is that Santa Clara County is the highest volume by multitudes. The next highest one is San Mateo, which is 2.7, and they've only closed.

How many closes? Oh, sale. They've only closed half of what Santa Clara has. So little dichotomy, because those houses are so much more expensive. Nothing else to really worry about. We haven't seen these numbers really jolt up. As a matter of fact, we're seeing some of them recede, meaning that the days on market are going a little bit faster.

Houses are selling a little bit faster. Nothing really to think about much. 21 houses or 21 days on market. It's uncomfortable for some sellers, but um, again, if you don't need to sell, you don't need to sell, right? So once rates come down, things will change, and everybody will come back. And then we will we'll go crazy.

Let's see. All right.

That's it for now. Thanks for watching. I'm Vito with Abano. We'll see you out there.

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Vito Scarnecchia
Real Estate Broker, Veteran, Dad
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408-705-6817
Vitos@abitano.com
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🔴 Willow Glen's five most expensive homes https://youtu.be/3A_E2ck0ePg
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