Heritage Oaks to cut 60 jobs as Mission Community deal closes
With its $56 million acquisition of Mission Community Bancorp, Heritage Oaks will shutter branches along the Central Coast in coming months and lay off about 60 employees in several phases.
Defense firm to cut 170 jobs in Thousand Oaks
A defense contractor is cutting about 170 jobs in Thousand Oaks as it shutters a facility that made signal jammers to prevent IED attacks during the Iraq war. McLean, Va.-based ITT Exelis’ electronic systems division operated a factory with about 215 employees on Willow Lane in Thousand Oaks. About 45 of those workers will be Read More →
BofA lays off 140 in Conejo Valley
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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 →
Vitesse slashes work force, faces lawsuit
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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 →
