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SLO firm making job cuts

By   /  Friday, May 20th, 2011  /  Top Stories, Tri-County Economy  /  Comments Off on SLO firm making job cuts

San Luis Obispo drone maker AeroMech Engineering is laying off about 20 percent of its work force.

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Smaller firms win in defense makeover

By   /  Friday, May 6th, 2011  /  Top Stories, Tri-County Economy  /  Comments Off on Smaller firms win in defense makeover

The defense industry in the Tri-Counties is headed for its biggest shakeup in decades. Longtime players are cutting jobs while younger firms see growth as the Pentagon draws down its two foreign wars and focuses on strategic threats. Raytheon, a major Goleta employer, confirmed layoffs that will affect about 160 of its jobs in Goleta. Read More →

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Postal Service weighs cuts in Oxnard

By   /  Friday, January 7th, 2011  /  Tri-County Economy  /  Comments Off on Postal Service weighs cuts in Oxnard

The U.S. Postal Service is considering closing its processing and distribution facility in Oxnard and moving the work to its Goleta facility, a move that would save about $1.8 million and cost the region 79 jobs. The Postal Service has scheduled a public meeting for Jan. 20 in Oxnard to review the proposal. At that Read More →

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