Longtime Bay Area retailer Jeremy’s has withdrawn plans for a store in Oakland and will instead shut down entirely, after saying permitting delays had made it unable to open the new location in time for Black Friday.
Visa issued a statement Tuesday acknowledging “a variety” of job cuts, but offered no details on the size and scope. Several Visa employees and former employees tell the San Francisco Business Times that Visa recently cut 800 to 1,500 jobs, with the company’s former headquarters campus in Foster City especially hard hit.
Atieva, the electric carmaker that placed Sacramento on a short list this year for locating a car manufacturing plant, has selected a site in Arizona, according to the tech news site Recode.
Verizon said the workers – approximately 700 in customer service and 300 in telesales – will be offered the opportunity to relocate to other customer service call and telesales centers outside of California.
The L.A. City Council voted unanimously to approve Paramount’s master plan, paving the way for the studio to add about 1.4 million square feet of space to its iconic headquarters on Melrose Avenue. The expansion was first announced in 2011 and is expected to cost the studio $700 million.
NFIB California State Executive Director Tom Scott added, “Compared to the national trend, California paints an even uglier picture for small businesses. Three problems California small business owners rank much higher than those in other areas of the United States are family/sick leave mandates; minimum wage laws; and hiring/firing employment regulations.
Both the formation of firms (for example, McDonald’s as a whole) and establishments (an individual McDonald’s restaurant), have dropped off precipitously since the financial crisis and remained low.
“Given what’s happening in California, where we have a lot of legislative costs imposed on employers, and we have employers leaving California, this is pretty remarkable,” said Patrick Kelly, treasurer and principal officer of Teamsters Local 952, the union representing some of the factory’s workers.
Apple has quietly moved thousands of employees into a campus that is bigger than any other that the company currently has—and it’s not its Cupertino, Calif. headquarters.
The defense unit will be based in Huntsville, Ala., and it will include the company’s in-house development team Rocket Shop.
California had 51 companies on this year’s list, down from 53 last year. But 51 was enough to climb into a tie with Texas for the No. 2 position. New York led the list with 55.
It’s the third tax credit Gov. Jerry Brown’s Go-Biz board has approved in the hyper-competitive electric car market. It previously approved $15 million for Tesla and $10 million for Faraday Future.
The Atieva USA Inc. plant would employ nearly 1,300 workers and cost $530 million to build, according to documents filed with the California Alternative Energy and Advanced Transportation Financing Authority.
When many lower-income Americans are feeling isolated by the deadening uniformity of things, by the emptiness of many jobs, by the media, they still yearn for physical social networks. They are not doing this by going to government-run community service centers. They are not always doing this by utilizing the endless array of well-intentioned not-for-profit outreach programs. They are doing this on their own, organically across the country, in McDonald’s.
Global engineering and architecture firm Jacobs Engineering Group Inc. is moving a portion of its headquarters from Pasadena to Dallas, the Dallas Business Journal reports. The move is being made for lower taxes and a more business friendly environment as well as lower rates and will make the company more competitive in the real estate industry.