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Baxalta, a biotechnology company with 1,200 employees in Thousand Oaks, is laying off 100 workers at that office on May 1. Layoffs will affect 239 Baxalta employees across the state at offices in Thousand Oaks, Los Angeles and Van Nuys, according to notices filed March 2 with the state of California. At Baxalta’s office at Read More →
This article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.
Baxalta, we hardly knew ya. Just six months after it was spun off from parent Baxter International, Baxalta, a major employer in East Ventura County, is to be sold to Shire, an Irish firm. The future of some 1,200 employees in Westlake Village and the Newbury Park area of Thousand Oaks is now uncertain, as Read More →
Shire PLC sweetened the pot and Baxalta Inc. investors took the bait in a deal announced early Jan. 11. Dublin-based Shire announced a $30 billion bid for Deefield, Ill.-based Baxalta on Aug. 4. On Jan. 11, the companies announced Shire will acquire Baxalta for $32 billion. Baxalta employs about 2,000 people in Thousand Oaks and Read More →
This is a column about how dysfunction in Washington is handing billions over to Wall Street while threatening thousands of jobs on the Central Coast. Just a year ago, Allergan shut its Goleta breast implant operation after it came under siege from corporate raiders, Activis, a New Jersey-based company that used an acquisition in Ireland Read More →
One of the biggest employers in Ventura County faces an ownership change less than one month after it was spun off from its Chicago-area parent. Shire Plc, a pharma company based in Dublin, Ireland, stunned the markets on Aug. 4 with a $30 billion bid for Baxalta. Baxalta, which employs around 2,000 at two locations Read More →