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Amgen to lay off 226 in Thousand Oaks

By   /  Wednesday, October 19th, 2011  /  Latest news, Technology, Tri-County Public Companies  /  Comments Off on Amgen to lay off 226 in Thousand Oaks

[wikichart align=”right” ticker=”NASDAQ:AMGN” showannotations=”true” livequote=”true” startdate=”19-04-2011″ enddate=”19-10-2011″ width=”300″ height=”245″] Thousand Oaks-based Amgen is laying off 226 people at its headquarters as part of a restructuring of its research operations. Worldwide, the R&D shakeup will affect 380 staff members, but the company’s headquarters are bearing the brunt of the cuts. The company said the layoffs are Read More →

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Vitesse slashes work force, faces lawsuit

By   /  Friday, October 7th, 2011  /  Banking & Finance, Technology, Top Stories, Tri-County Public Companies  /  Comments Off on Vitesse slashes work force, faces lawsuit

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Vitesse slashes workforce, dims sales outlook

By   /  Monday, October 3rd, 2011  /  Latest news, Technology, Tri-County Public Companies  /  Comments Off on Vitesse slashes workforce, dims sales outlook

Vitesse Semiconductor, the Ventura County chipmaker rocked by a stock-options scandal in 2006, has laid off 10 percent of its workforce and shuttered one of its Camarillo facilities. Vitesse disclosed the pink slips in a regulatory filing Oct. 3. The company said it ended its lease on facilities at 4721 Calle Carga and terminated 10 Read More →

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1,000 area jobs in peril

By   /  Friday, September 9th, 2011  /  Banking & Finance, Banking Industry, Technology, Top Stories, Tri-County Economy  /  3 Comments

By Stephen Nellis and Marlize van Romburgh on September 9, 2011 Nearly 1,000 jobs are either at risk or being cut in the Tri-Counties in manufacturing, medical device research and finance. On Sept. 1, Bank of America said it planned to sell or shutter its correspondent lending arm, imperiling as many as 700 jobs in Read More →

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700 BofA jobs at stake in Ventura County

By   /  Thursday, September 1st, 2011  /  Banking & Finance, Banking Industry, Latest news, Tri-County Economy  /  Comments Off on 700 BofA jobs at stake in Ventura County

About 700 jobs in Thousand Oaks and Westlake Village are in peril as Bank of America prepares to sell or shutter the correspondent-lending arm of its mortgage business. “We intend to sell the correspondent mortgage lending division or, if a suitable deal is not identified, we will consider other options, including winding down the correspondent Read More →

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Affinity downsizes, puts HQ up for sale

By   /  Friday, June 10th, 2011  /  Top Stories, Tri-County Economy  /  Comments Off on Affinity downsizes, puts HQ up for sale

Affinity Group has made layoffs and restructured, putting its headquarters up for sale.

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SLO firm making job cuts

By   /  Friday, May 20th, 2011  /  Top Stories, Tri-County Economy  /  Comments Off on SLO firm making job cuts

San Luis Obispo drone maker AeroMech Engineering is laying off about 20 percent of its work force.

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