Restaurant operator DineEquity Inc. said Thursday that it would move the headquarters of its Applebee’s International Inc. chain from suburban Kansas City, Mo., to its Glendale corporate home. . . about 80 to 90 people will stay put, consisting of workers in its backend support, help desk, guest relations and accounting departments.
The cost of that wage increase has been estimated at more than $1 billion, and it seems as though the retailer is offsetting that cost with cuts to employee hours. The reductions began weeks ago, during the busy back-to-school shopping period.
Molycorp Inc., the only U.S. producer of rare earths, intends to mothball its mine in California, laying off almost 500 workers and suspending the country’s sole source of the 15 elements used in magnets, batteries and other high-tech products.
Lyman points out that Southern California is also home to a lot of wealthy environmentally conscious consumers who can afford the cars’ $100,000-plus price tag, which makes distribution easier.
In a propitious sign for Los Angeles’ production sector, one of Hollywood’s largest prop houses is reopening six years after it shut down.
The luxury car company will establish Southern California’s first new car manufacturing plant in more than two decades in the city of Moreno Valley, where it will begin building its plug-in electric hybrid automobiles.
ZenPayroll, a California-based firm that helps small businesses manage payroll, will bring about 1,700 jobs to Denver in the next few years as part of an expansion announced Tuesday on the steps of the state Capitol.
Fashions Forms is not just moving, it’s also expanding. The bra designer recently signed a lease for a 90,000-square-foot space that will house its growing office and distribution center. Fashion Forms also plans to add an additional 40 staff members.
DayNine Consulting plans to open the office at that downtown building in October and grow the staff to up to 200 by the end of next year. The company’s website lists several job openings in Nashville, including project managers, integration consultants and a talent acquisition coordinator.
Other cost cutting includes “streamlining the engineering organization, reducing the number of offices and increasing the mix of resources in lower-cost regions,” the company said. The cost savings are expected to be spread out over the next year or so.
The recent spate of worker misclassification lawsuits against on-demand service companies appears to have claimed its first victim, with home-cleaning company Homejoy announcing Friday that it planned to close.
While New England isn’t noted for sunshine, the company chose the Boston market because that city has among the highest per-capita solar use in the country, she said.
The company would be based in St. Louis. That would make Health Net the latest of several companies whose corporate headquarters have left Southern California.
Fiscal fourth-quarter results Wednesday from payroll-services firm Paychex Inc. PAYX 0.93 % will likely reflect the lackluster and inconsistent spring seen by many small businesses.
One of the Valley’s largest and most successful businesses is doing its part to boost the economy on the East Coast.