Mass Layoffs Hit California as Businesses Fail, Organization Leaves State

California is facing mass layoffs as more businesses leave the state.

More than 1,000 jobs were lost in the Bay Area recently, with hundreds being attributed to the departure of the Oakland Athletics, a Major League Baseball team, from the area.

Moxion Power, a green energy tech company, also announced major cuts, and Vintage Wine Estates is going bankrupt.

Altogether, the area's WARN letters show that about 1,071 workers are set to lose their jobs in the Bay Area.