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.
EBay’s PayPal unit is planning layoffs in the coming weeks as it tries to refocus and operate more like an agile startup than a large company, according to people familiar with the matter.
Lower enrollment is forcing a 23-campus San Jose school district to eliminate 18 teaching positions.
The world’s largest soup maker said Thursday that it will close a plant in Sacramento that has about 700 full-time workers. The plant, which makes soups, sauces and beverages, was built in 1947 and is the company’s oldest in the country.
The company on Tuesday cited the high cost of living and doing business in California as the reason behind its decision to shut down the call centers in Sacramento, Livermore and Morgan Hill at the end of November.