The security solutions provider is cutting roughly 8 percent of its global work force in two phases, with about 1,000 positions going first, this month, and another 700 people receiving pink slips in July, AllThingsD reported Thursday, citing unnamed sources.
Fire Chief William McDonald announced on Thursday that he will leave San Jose after three years of service, amid a contentious relationship with City Hall and layoffs, to become the chief in Las Vegas.
California unemployment claims were down in May due to fewer layoffs in the service industry.
Contra Costa supervisors are expected to adopt a new county budget next month and the county administrator is optimistic about it despite rising-pension costs.
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.
Silicon Valley’s economic engine may still be humming along, but it does appear to be downshifting into a slightly slower gear.
The City College of San Francisco plans to lay off dozens of employees and reduce salaries as it fights to keep its accreditation and stay open.
The Independent Police Auditor in San Jose said she has little doubt that the city’s rising crime and homicide rate is because of a cut in police staffing.
PayPal said it was cutting 325 full-time jobs in a move to streamline the business.
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.