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.
Hewlett-Packard is planning to cut about 2,000 more jobs than it had previously announced, as CEO Meg Whitman tries to turn the company around.
Bankrupt solar company Solyndra has agreed to pay $3.5 million to settle accusations that it failed to properly notify employees they would losing their jobs.
Google is cutting about 4,000 jobs at its Motorola Mobility wireless phone business and will close or consolidate about one-third of Motorola’s 90 locations.
Cisco Systems was preparing to lay off about 1,300 workers just a few months after the world’s largest maker of computer networking equipment warned that growing economic uncertainty is making it tougher to close deals.
Newly-released documents show that nearly 1,900 people lost their jobs last year when Fremont’s Solyndra Solar Panel maker failed last year, hundreds more than the company’s initial claim.