Zodiac Seat Shells in Santa Maria laying off another 205 workers
Zodiac Seat Shells will lay off 205 additional workers at its Santa Maria facility, according to filings with the California Employment Development Department. The filing said the layoffs are expected to start Oct. 26. In April, Zodiac announced plans to lay off 168 employees in Santa Maria starting in June. Zodiac Seat Shells, a subsidiary Read More →
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Zodiac lays off 168 workers in Santa Maria
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Read More →Crunchies tightens its belt in Ch. 11
Since filing for bankruptcy protection on Aug. 15, Crunchies has laid off eight people — about a third of its full-time staff — at its Westlake Village headquarters, has reduced expenses by about $2 million and has put marketing initiatives and new product development on hold for the rest of the year.
Read More →Semtech earnings on track after layoffs
Shares of Camarillo-based chipmaker Semtech Corp. were up 4.8 percent after the company announced stronger-than-expected sales and profits. Semtech, which uses a fiscal year that ends in January each year, said Aug. 20 that its second-quarter fiscal 2015 revenues were $145.7 million, up 10 percent from the previous quarter but down 12 percent from the Read More →
Read More →Amgen to slash 2,400 jobs, shrink Thousand Oaks HQ
Thousand Oaks-based Amgen will cut staff at its Conejo Valley headquarters and consolidate into fewer buildings as part of a company-wide restructuring plan that will eliminate between 2,400 and 2,900 jobs and shutter facilities in Colorado and Washington. Amgen said the moves are designed to reduce operating expenses by $700 million by 2016, money that Read More →
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