Known for “Shrek” & “Kung Fu Panda,” PDI DreamWorks is set to reduce operations…
EBay plans to cut 2,400 jobs, or 7 percent of its staff, in the first quarter to simplify its structure and boost profit ahead of a planned separation of its business.
Levi Strauss & Co. is planning to eliminate about 800 jobs as part of restructuring efforts over the next 12 to 18 months.
Lockheed Martin is cutting 4,000 jobs and shutting four Sunnyvale buildings as the defense contractor continues to look for ways to lower costs amid reduced government spending.
The university realized a month ago they will spend $4 million more than they have in the budget.
Multiple online outlets are reporting that Disney is shutting down the Bay video game division of LucasFilm and laying off a number of Bay Area employees.
Eleven air traffic control towers at small airports throughout California are on the Federal Aviation Administration’s list of nationwide facilities to be closed next month due to spending cuts.
At a UC Regents meeting, Governor Brown said more cuts can be expected despite voters approving his tax measure, Proposition 30, in November.
As many as 8-10 stations could close over the next few years after Measure Q failed in the November election.
Chipmaker Advanced Micro Devices Inc. has said it will cut nearly 1,800 jobs, about 15 percent of its workforce, by the end of the year in order to reduce spending in the face of dwindling sales.