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However, it looks like the acquisition of SanDiego''s Amylin Pharmaceuticals by Bristol-Myers Squibb is turning out not-so-great for employees in the location, after news that Bristol-Myers Squibb plans to close its SanDiego operations , resulting in the loss of hundreds of jobs. READ MORE>>.
Sony''s massively multiplayer online game division, Sony Online Entertainment , is cutting jobs in SanDiego, as part of a cost reduction move, Sony disclosed Wednesday. Size of the layoffs have not been announced. The layoffs, which were first reported by GameSpot, also affected Sony Online Entertainment''s Austin operations.
Lockerz , the Seattle-based social shopping and e-commerce site backed by Kleiner Perkins Caufield & Byers, has axed the company's SanDiego office, in addition to laying off around 30 percent of its staff.
Intuit , the developer of personal finance and tax software, is making major cuts in SanDiego, according to a report from the SanDiego Union Tribune. Intuit, has major operations in its Consumer Group in SanDiego, working on its Turbo Tax software. READ MORE>>.
Sony has cut more than 50 employees in SanDiego, at its Sony SanDiego Studio , which develops videogames such as Kill Strain and MLB. According to reports , the layoffs are part of a wider cut in its videogaming operations which also included workers in London. READ MORE>>.
Calabasas-based THQ , which develops computer game titles, is closing its SanDiego, UK, and Germany offices, and has laid off 100 employees, according to an email to employees from CEO Brian Farrell. Tags: jobs employment layoff content games wireless.
SanDiego-based cybersecurity developer Websense announced Friday that it is officially moving its headquarters to Austin, Texas, and moving 470 jobs to the city. websense jobs employment texas layoff' Texas is providing a $4.5M Vista Equity owns Websense, along with Omnitracs, which is also moving to Texas. READ MORE>>.
Midway Games, a Chicago-based video games developer, announced Tuesday afternoon that it has cut 25 percent of its staff, in a move that also affects the firm's SanDiego locations. Number of SanDiego employees affected by the move was not disclosed.
SanDiego-based biopharmaceuticals developer Ocera Therapeutics said today that it has closed its operations site in Sherbrooke, Quebec, as part of a restructuring. Ocera is developing treatments for acute and chronic orphan liver diseases. The closure means the loss of 17 employees in that location. READ MORE>>.
It all looked good at the time: oil company Exxon needed to develop a more earth-friendly way to produce oil, and SanDiego startup Synthetic Genomics needed funding to get its technology off the ground. But then, ExxonMobil cut back its original investment--worth up to $600M--in Synthetic Genomics. What happened? READ MORE>>.
SanDiego-based Verari Systems , a developer of blade server technology, has shut down, according to publication InsideHPC. Tags: verari systems blade server shutdown employment jobs layoff. According to InsideHPC, Verari Systems shut down due to lack of access to capital. READ MORE>>. READ MORE>>.
SanDiego-based La Jolla Pharmaceuticals , the failed biopharmaceuticals firm which was previously developing treating lupus renal disease, reported today that it has received notification from the Nasdaq that it will be delisted from the market as of Thursday.
SanDiego-based pharmaceutical firm Zogenix has made some big cuts, the firm said yesterday, after the FDA delayed approval for the company''s lead product. zogenix pharmaceutical lifescience jobs employment layoff disorder drug development' READ MORE>>.
SanDiego-based Sequenom , a developer of genetic analysis equipment, announced late Thursday that the firm has cut approximately 30 employees as part of a cost cutting measure. Tags: sequenom genetic analysis employment layoff jobs. The firm said the cuts were made in its Genetic Analysis business.
SanDiego-based Quidel , a developer of diagnostic tests for the healthcare industry, said Tuesday that it has cut approximately 10 percent of its work force, or 31 employees, in a corporate restructuring. Tags: quidel diagnostic lifescience healthcare layoff jobs employment.
I will repeat my appeal from last week: Maybe you’re a startup founder, a safety driver at an autonomous vehicle developer, a venture capitalist, engineer or gig economy worker. metro area, SanDiego and Santa Monica. Enovix, which has developed a silicon-based lithium-ion battery, has raised $45 million in new funds.
Eight years after SanDiego biotech Prometheus Laboratories was acquired by Nestlé Health Science , the diagnostic business has been sold again, this time to a little-known biotech called Precision IBD that plans to lay off approximately a quarter of Prometheus’s workforce.
SanDiego-based Metabasis Therapeutics, a biopharmaceuticals development firm, just announced this morning that it is cutting 38 employees, or approximately 43 percent of its employees as part of a corporate restructuring. Tags: jobs biopharmaceutical layoffs therapeutics pharmaceutical lifescience metabasis.
SanDiego-based Hollis-Eden Pharamceuticals , a developer of biopharmaceuticals, said Monday that the firm is cutting its workforce by approximately 33 percent, or 20 employees. Tags: hollis jobs employment layoff pharmaceuticals sandiego eden biotech lifescience.
SanDiego-based Entropic Communications , a manufacturer of semiconductors for the home entertainment market, said in a filing with the SEC Tuesday that the firm is cutting approximately 55 of its employees, or 18 percent of its workforce. Tags: employment jobs layoffdiego entropic sandiego semiconductor. READ MORE>>.
SanDiego-based Cymer, a developer of light sources used for semiconductor manufacturing, said late Thursday that the firm has laid off 100 people, or 10 percent of its personnel. Tags: cymer jobs employment economy layoff semiconductor. Cymer announced the move in conjunction with reduced earnings estimates for Q4 2008.
SanDiego-based Orexigen Therapeutics , which is developing biopharmaceuticals focused on treating obesity, said Wednesday afternoon that it is cutting 40 percent of its staff, or 23 employees. According to Orexigen, the move comes as a result of receiving a Complete Response Letter from the U.S.
SanDiego-based Somaxon Pharmaceuticals , a developer of sleep medication, said today that it has cut 60 percent of its non-field based employees, and has hired a financial advisor to help sell the company.
SanDiego-based audio technology developer Turtle Beach said Monday that it is restructuring its HyperSound business, in a bid to lower the operating costs of that business. Turtle Beach is a developer of gaming headsets for the Xbox One, PlayStation 4, and other platforms. READ MORE>>.
SanDiego-based Cymer, which develops lasers used in the manufacturing of semiconductors, said Friday that it has laid off 8 percent, or 85 employees, from the firm. The company said the move will save it around $8.4M in annual savings.
SanDiego-based NextWave Wireless said today that it is discontinuing the operations of the firm's GO Networks unit, which developed wide area Wi-Fi networking equipment. NextWave said it has submitted a request in Israel to seek bankruptcy protection for the unit's Tel Aviv subsidiary.
SanDiego-based self-driving truck technology developer TuSimple confirmed on Wednesday that the company is cutting 25 percent of its workforce, or approximately 350 people, as part of a restructuring effort at the company. The company said it will have approximately 1,100 employees after the cuts.
SanDiego-based residential solar power installer OneRoof Energy said late Friday that it has "significantlyr educed" its work force, and has begun winding down its operations, after it said it was unable to secure financing necessary to continue sales, marketing, and development.
SanDiego-based wireless broadband technology firm NextWave Wireless said today that it has scored a new, $100M debt financing for the firm's business, and made cuts in its staff, along with hiring an investment banker. The company said the restructuring included a reduction in workforce by over 20 percent. READ MORE>>
An experimental Halozyme Therapeutics treatment for pancreatic cancer has failed a pivotal study, and the company is stopping further development of the drug and closing its oncology operations as part of a corporate restructuring.
After guiding the CRISPR-Cas9 genome-editing startup from scientific breakthrough toward the development of a potential cutting-edge medicine, slogging victoriously through a legendary patent fight , and reaching the cusp of an historic clinical trial , the well-traveled Bosley is cutting out, the company said Tuesday.
SanDiego-based Inseego , the developer of the MiFi wireless hotspots, has aborted its plans to sell off its MiFi division to Chinese company TCL Industries Holdings (H.K.) Limited , and has embarked on a massive restructuring of the company.
Layoffs Reflect New Turbulence at High-Flying 3D Robotics. The Xconversation: Vaccine Developer Meets Energy Innovator. Amid Leadership Changes, NY Biotech Braces for Its Pivotal Moment. Ben Fidler chronicles the rise of New York’s life sciences scene, from startups and investors to universities and nonprofits.
Our SanDiego editor Bruce Bigelow penned a personal goodbye to entrepreneur Larry Bock, who died last week of pancreatic cancer at the age of 56. The week started on a reflective note. And then the news flowed, from a fast reprieve for Juno Therapeutics to no mercy for Elizabeth Holmes. —In other Merck news, U.K.-based
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If you want fireworks this weekend, you can either celebrate the 4th of July or watch the latest post-Brexit political developments in Britain. AstraZeneca’s olaparib (Lynparza) became the first approved PARP drug in 2014, and several others are being developed, including talazoparib from San Francisco’s Medivation (NASDAQ: MDVN ).
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