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 →
On the fast track: Ex-Copelands execs power up LeftLaneSports
A San Luis Obispo-based outdoor gear startup has made its first acquisition, buying up a rival online retailer.
Power-One docks outlook on Eurozone austerity
Power products company Power-One slashed its third-quarter outlook Oct. 11, causing stocks to sink 3.8 percent in after-hours trading. The Camarillo-based firm cut its outlook for third-quarter sales to the $240 million to $245 million range, down from its previous outlook of $265 million to $280 million. It said power conversion revenue was down about Read More →
UCSB lab gets $15M from Dow Chemical Co.
UC Santa Barbara’s Materials Research Laboratory has received up to $15 million from Dow Chemical Co. to establish a new institute to study materials that can further technological discovery. The recent five-year gift comes just weeks after the research lab received $20 million from the National Science Foundation to fund its studies through at least Read More →
Ventura group tackles energy efficiency
The Venutra County chapter of an international engineering group is organizing an energy efficiency conference that it hopes will grow to include all of the greater Los Angeles area.