It’s a confusing job market in Austin. Sizeable layoffs are happening, but other companies are in expansion mode.
Recent work reductions include security contract firm Security Specialists Inc., a California-based company that is cutting 240 Austin jobs. The company’s clients have included big tech names, including Google, Facebook and Apple.
Meanwhile, Israeli-based software company Wix.com is cutting 100 jobs here and dozens more in other U.S. cities. Wix, which is based in Tel Aviv, sells cloud-based web development services.