Santa Clara – California Globe

Intel Lays Off 300 in Bay Area

October 17, 2024 6:41 amOctober 17, 2024 6:41 am

According to new WARN (Worker Adjustment and Retraining Notification) Act notices filed on Wednesday, Santa Clara-based Intel is to lay off over 2,200 jobs in four states, with California alone set to lose over 300. According to new federal WARN...

New Projections Show California Will Get $1.2 Billion In Economic Impacts Through The 2026 World Cup

July 11, 2024 2:30 amJuly 11, 2024 2:31 am

A new estimate by FIFA and the Micronomics Economic Research and Consulting found this week that California is to get a projected $1.2 billion through hosting a handful of matches during the 2026 FIFA World Cup. (FIFA: The Fédération Internationale...

SF Bay Area Sees Three More Companies Issue Mass Layoffs

April 13, 2024 2:45 amApril 13, 2024 2:46 am

According to new federal WARN notices and EDD filings, three major Bay Area companies lost 796 employees within the last few days, delivering yet another major economic blow to the region. The San Francisco Bay Area and Silicon Valley, still...

Apple Fires Over 600 Workers From Silicon Valley Office In First Post-COVID Layoff By Company

April 5, 2024 5:00 pm

A Worker Adjustment and Retraining Notification Act (WARN) Notice released on Friday revealed that Cupertino-based computer and tech firm Apple will be firing 614 employees from their Santa Clara offices, resulting in their first post-COVID layoff. The San Francisco Bay...

Assembly, Senate Leaders Call on Gov. Newsom to Recuse Himself from Silicon Valley Bank Bailout

March 15, 2023 11:53 amMarch 16, 2023 6:13 pm

As everyone now knows, Silicon Valley Bank was closed Friday by the California Department of Financial Protection and Innovation, with the FDIC in charge of liquidation. California Governor Gavin Newsom issued a statement Saturday morning in response saying “Over the last 48...

Failed Silicon Valley Bank, the Newsoms, and Connected Friends

March 14, 2023 5:27 pmMarch 16, 2023 12:03 pm

The Silicon Valley Bank failure and shutdown is because of “idiot bank management under an incompetent board,” according to Shark Tank star Kevin O’Leary. “O’Leary joined Fox News hosts Bill Hemmer and Dana Perino on Tuesday to discuss the Silicon Valley...

Open the Books Links Gov. Gavin Newsom and Silicon Valley Bank

March 13, 2023 6:02 pmMarch 14, 2023 3:59 pm

Following the Friday Silicon Valley Bank closure, Sunday morning the Globe reported an interesting tie between Silicon Valley Bank and California’s First Partner Jennifer Siebel Newsom – John China, SVB Executive of Capital sits on the board of Jennifer Siebel Newsom’s California Partners...