12/23/2024

News

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

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MetLife Moving 2,600 Jobs from to North Carolina from Northeast, California

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

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MetLife Moving 2,600 Jobs from to North Carolina from Northeast, California

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

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California’s Foreclosure Drop – Too Good To Be True?

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.

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Bank of America Closing Glendale Office

Company: Nestle USACA Net Job Gain/Loss: -100Reason: LayoffCity/Region Losing Jobs: Glendale, CA

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Northwestern Mutual to Add Staff

Company: Northwestern MutualCA Net Job Gain/Loss: 50Reason: ExpandCity/Region Gaining Jobs: San Diego, CA

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Geico Gears Up to Hire

Company: GeicoCA Net Job Gain/Loss: 100Reason: ExpandCity/Region Gaining Jobs: Poway, CA

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Bank of America Cutting 450 Concord Jobs

Company: Bank of AmericaCA Net Job Gain/Loss: -450Reason: LayoffCity/Region Losing Jobs: Concord, CA

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PMI Group Cutting 155 Walnut Creek Jobs

Company: PMI GroupCA Net Job Gain/Loss: -155Reason: LayoffCity/Region Losing Jobs: Walnut Creek, CA

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