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Amgen to slash 2,400 jobs, shrink Thousand Oaks HQ

By   /  Tuesday, July 29th, 2014  /  Earnings, East Ventura County, Latest news, Technology, Top Stories, Tri-County Public Companies  /  3 Comments

Thousand Oaks-based Amgen will cut staff at its Conejo Valley headquarters and consolidate into fewer buildings as part of a company-wide restructuring plan that will eliminate between 2,400 and 2,900 jobs and shutter facilities in Colorado and Washington. Amgen said the moves are designed to reduce operating expenses by $700 million by 2016, money that Read More →

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Allergan’s South Coast exit reshapes breast implant industry

By   /  Friday, July 25th, 2014  /  Central Coast Health Watch, South Coast, Technology, Top Stories, Tri-County Economy  /  Comments Off on Allergan’s South Coast exit reshapes breast implant industry

The region’s status changed dramatically on July 21 when Irvine-based Allergan announced that it would shutter its Santa Barbara operations and eliminate 300 jobs there.

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Venoco cuts workforce

By   /  Wednesday, June 11th, 2014  /  Latest news, South Coast, Tri-County Economy  /  Comments Off on Venoco cuts workforce

Venoco, a Denver-based oil company with operations in the Tri-Counties, is laying off part of its workforce.

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Amgen to cut 70 jobs

By   /  Thursday, June 5th, 2014  /  Central Coast Health Watch, East Ventura County, Latest news, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies  /  2 Comments

Thousand Oaks-based Amgen plans to lay off 70 people, primarily in its information systems department at its headquarters.

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Heritage Oaks to cut 60 jobs as Mission Community deal closes

By   /  Friday, March 7th, 2014  /  Banking & Finance, Banking Industry, Central Coast, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Heritage Oaks to cut 60 jobs as Mission Community deal closes

With its $56 million acquisition of Mission Community Bancorp, Heritage Oaks will shutter branches along the Central Coast in coming months and lay off about 60 employees in several phases.

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Union Bank to slash almost half of SBB&T work force

By   /  Friday, November 30th, 2012  /  Banking & Finance, Banking Industry, Latest news, Tri-County Economy  /  Comments Off on Union Bank to slash almost half of SBB&T work force

Union Bank will lay off almost 500 Santa Barbara Bank & Trust employees, or nearly half the bank’s work force, the San Francisco-based lender announced on the eve of its acquisition of Pacific Capital Bancorp. A spokesperson for Union Bank told the Business Times that 468 SBB&T positions will be eliminated over the next year. Read More →

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Defense firm to cut 170 jobs in Thousand Oaks

By   /  Friday, December 2nd, 2011  /  Latest news, Technology  /  Comments Off on Defense firm to cut 170 jobs in Thousand Oaks

A defense contractor is cutting about 170 jobs in Thousand Oaks as it shutters a facility that made signal jammers to prevent IED attacks during the Iraq war. McLean, Va.-based ITT Exelis’ electronic systems division operated a factory with about 215 employees on Willow Lane in Thousand Oaks. About 45 of those workers will be Read More →

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