After months of painful job cuts, companies in San Francisco’s tech sector stepped up hiring in May, spurred in part by an artificial intelligence boom, according to a new report.
San Francisco and neighboring San Mateo County added 2,800 jobs in the tech sector in May, according to the city’s latest employment update. The new hires mean the region has recovered 38% of jobs since a wave of industry cuts began in late 2022, said San Francisco’s chief economist Ted Egan.
