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Citrix to layoff 1,000 employees, spin off GoToMeeting

By   /  Tuesday, November 17th, 2015  /  Latest news, South Coast, Top Stories  /  1 Comment

Citrix Systems Inc., the cloud-services company, is planning to cut about 1,000 jobs and spin off its Goleta-based GoToMeeting division rather than sell the online meeting organizer, it announced Nov. 17. Activist investor Elliott Management Corp. has been calling for change at the software firm. Citrix also noted that it would restructure its labor force, Read More →

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Central Coast economy on a roll

By   /  Friday, November 13th, 2015  /  Latest news, South Coast, Top Stories  /  Comments Off on Central Coast economy on a roll

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Crab season delay hurts tri-county fishermen

By   /  Friday, November 13th, 2015  /  Central Coast, Latest news, South Coast, Top Stories  /  Comments Off on Crab season delay hurts tri-county fishermen

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Goleta breast implant maker Sientra shakes up C-Suite

By   /  Thursday, November 12th, 2015  /  Health Care & Life Science, Latest news, South Coast, Top Stories, Tri-County Public Companies  /  Comments Off on Goleta breast implant maker Sientra shakes up C-Suite

  The writing was on the wall at Sientra. On Nov. 12, the company’s top executives took the fall. The embattled Goleta-based breast implant manufacturer cleaned house Thursday afternoon. Sientra founder and CEO Hani Zeini stepped down as CEO and he will be replaced by industry veteran Jeffrey Nugent. Nicholas Simon also resigned as chairman Read More →

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Paseo Nuevo mall will get a makeover

By   /  Friday, November 6th, 2015  /  Latest news, Real Estate, South Coast, Top Stories  /  Comments Off on Paseo Nuevo mall will get a makeover

New managers of the Paseo Nuevo mall in downtown Santa Barbara plan to add new tenants and make renovations. (Alex Kacik)

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New managers to renovate Paseo Nuevo shopping center

By   /  Thursday, October 29th, 2015  /  Latest news, Real Estate, South Coast, Top Stories, Tourism  /  Comments Off on New managers to renovate Paseo Nuevo shopping center

New managers of the Paseo Nuevo Shops & Restaurants in downtown Santa Barbara plan to renovate the open-air shopping center. El Segundo-based Pacific Retail Capital Partners and New York-based Silverpeak Real Estate Partners announced on Oct. 29 a joint venture with Paseo’s owner, J.P. Morgan Asset Management. Los Angeles-based BMW Realty Advisors, led by co-founder Read More →

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Lobsters big business for tri-county fishermen

By   /  Friday, October 16th, 2015  /  Latest news, South Coast, Top Stories  /  Comments Off on Lobsters big business for tri-county fishermen

Charlie Kunzel transfers lobsters to a shipping container at the Santa Barbara Harbor.

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