The drumbeat of bad news keeps coming for San Francisco, already one of the American cities hardest hit economically by the pandemic.
The technology boom that fueled the region’s economy is coming to an end. Local giants like Apple Inc. and Google plan to slow hiring, while Tesla Inc. and Lyft Inc. have already cut jobs. The notoriously expensive housing market is cooling rapidly. AND office workers and tourists have been slow to return to the city center.
