Merger Prompts First California Layoffs
Company: First California BankCA Net Job Gain/Loss: -55Reason: LayoffCity/Region Losing Jobs: Westlake Village, CANotes: In connection with PacWest Bancorp Merger
Company: First California BankCA Net Job Gain/Loss: -55Reason: LayoffCity/Region Losing Jobs: Westlake Village, CANotes: In connection with PacWest Bancorp Merger
Company: MetLifeCA Net Job Gain/Loss: Unknown ImpactReason: Closure, Move Out of StateCity/Region Losing Jobs: Aliso Viejo, CACity/Region Gaining Jobs: Charlotte, NCNotes: Part of national consolidation by Metlife to move 2,600 jobs to NC from variety of locations but no specific specific job loss figures provided; jobs have average salary of $82,000
Company: MetLifeCA Net Job Gain/Loss: Unknown ImpactReason: Closure, Move Out of StateCity/Region Losing Jobs: Irvine, CACity/Region Gaining Jobs: Charlotte, NCNotes: Part of national consolidation by Metlife to move 2,600 jobs to NC from variety of locations but no specific specific job loss figures provided; jobs have average salary of $82,000
As an epicenter of the nation’s worst housing bust in recent history, California remains an important bellwether for the housing market recovery. So when news that foreclosure starts in the beleaguered state plummeted to an 87-month low in January, industry watchers took notice.
Company: Nestle USACA Net Job Gain/Loss: -100Reason: LayoffCity/Region Losing Jobs: Glendale, CA
Company: Northwestern MutualCA Net Job Gain/Loss: 50Reason: ExpandCity/Region Gaining Jobs: San Diego, CA
Company: GeicoCA Net Job Gain/Loss: 100Reason: ExpandCity/Region Gaining Jobs: Poway, CA
Company: Bank of AmericaCA Net Job Gain/Loss: -450Reason: LayoffCity/Region Losing Jobs: Concord, CA
Company: PMI GroupCA Net Job Gain/Loss: -155Reason: LayoffCity/Region Losing Jobs: Walnut Creek, CA