Rite Aid is barreling toward a second bankruptcy that could permanently shutter every one of its 347 stores across California.…
Read More
Visa axes six VPs and over 300 staff just before a $2.4 billion AI acquisition
Visa just laid off 300 employees, including six VPs, right as it prepares to drop $2.4 billion on an artificial…
Read More
Intel Slashes 319 California Jobs While Chasing Billions in Federal Funding
Intel is laying off 319 workers at its Folsom campus while simultaneously pursuing up to $8.5 billion in CHIPS Act…
Read More
Newsom Scrambles to Track 8,000-Plus AI-Driven Job Cuts Before Half the Workforce Vanishes
California’s governor wants monthly reports on government automation after discovering no agency actually tracks how many workers get replaced by…
Read More
Lucid Slashes Entire Arizona Production Shift and COO Role After $15.6 Billion Deficit
Lucid just eliminated an entire production shift and dissolved its COO position following staggering financial losses in the billions. The…
Read More
Smartphone Slump Forces Qualcomm to Ax 1,250 Workers Including Senior Executives
Qualcomm is shedding 1,250 jobs, and this time the cuts are climbing all the way into the executive ranks. The…
Read More
Biotech Firm Once Valued at $3 Billion Slashes 30% of Workforce to Stay Afloat
A biotech unicorn is eliminating nearly a third of its staff just to keep the lights on. The layoffs signal…
Read More
Google Slashes Hundreds of Jobs and Shuts Its Child Care Center
Google just laid off hundreds of employees and permanently closed its on-site child care facility for Bay Area workers. The…
Read More
Genentech parent company boasts $16 billion profit as 143 Bay Area jobs vanish
Swiss pharmaceutical giant Roche is sitting on $16 billion in earnings while quietly erasing 143 positions from its Genentech campus…
Read More
Levi’s Slashes Up to 15% of Corporate Jobs Days After a $170 Million Stadium Deal
Levi’s is cutting hundreds of corporate roles just 48 hours after finalizing a $170 million naming rights agreement. The layoffs,…
Read More
