A new round of layoffs has hit Silicon Valley, with several Bay Area firms, including Hewlett Packard Enterprise, Hitachi Vantara, and Cepheid, announcing job cuts across engineering, product, and support teams. Executives cite slowing consumer tech growth and tighter capital spending. The trend shows that even as AI and automation dominate headlines, cost control remains a priority. Analysts say it marks another phase of adjustment after pandemic-era overhiring.