Silicon Valley – Page 4 – California Globe

Intel Announces 140 More Job Cuts In Latest California Tech Sector Layoffs

August 18, 2023 11:56 amAugust 18, 2023 11:56 am

Mass tech layoffs returned to the Bay Area on Thursday following a relatively calm summer, with Intel announcing that an additional 140 employees are to be let go by the end of the month. Beginning in October of last year,...

Former Sonoma Developmental Center Site Plan Riddled With Nepotism

May 3, 2023 3:35 pmMay 3, 2023 3:46 pm

Over the past several years, the Sonoma County Board of Supervisors has held discussions regarding the preservation and future usage of a historically controversial site, the Sonoma Developmental Center. The 945-acre Glen Ellen property has been at the epicenter of concern for local...

Newest Mass Layoffs Strike San Francisco: Over 2,000 Jobs Lost At Gap, Dropbox

April 27, 2023 12:30 pmApril 27, 2023 3:23 pm

Two major San Francisco-based companies announced mass layoffs on Thursday, with Gap announcing that 1,800 corporate positions will be cut and Dropbox announcing that 16% of all employees, or around 500 people, will be let go. Beginning in October of...

Salesforce Leaves Entire SF Office Building As Bay Area Office Vacancy Crisis Worsens

April 12, 2023 9:19 pmApril 13, 2023 7:57 am

Salesforce, one of the largest companies in the Bay Area, continued to vacate San Francisco this week by completely moving out of the Salesforce East tower, with all of their formerly occupied floors going to lease. Founded in San Francisco...

Rep. Khanna Under Fire Over Fundraiser By GOP Backer

March 22, 2023 2:30 amMarch 22, 2023 2:31 am

Congressman and possible 2024 U.S. Senate candidate Ro Khanna (D-CA) received increased scrutiny this week following revelations that he is to host a fundraiser at the home of a venture capitalist who sought government intervention in recent banking collapses, including...

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...