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It’s Official: Yahoo! Vacating Mission College Campus

January 26, 2009

Tweet Yahoo! (YHOO: 40.93 -2.74%) is officially vacating it’s Mission College (2811-2821 Mission College) campus. They have listed the space for sublease even though there is only 1-year left on the sublease. The space is roughly 385,000 square feet and will be available on May 1. The buildings can be delivered furnished and have a […]

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Yahoo! Set To Introduce 385,000 SF of Vacancy to Santa Clara

January 23, 2009

Tweet Yahoo! (YHOO: 40.93 -2.74%) is reportedly getting ready to vacate a large chunk of Class A office space in Santa Clara, and we’ve heard its at its Mission College Campus located at 2811-2821 Mission College Blvd. The two buildings combine for a total of approximately 385,000 square feet. The effects of the layoffs Yahoo! […]

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Nortel Files For Bankruptcy Protection

January 14, 2009

Tweet Nortel Networks (NT: 0.00 N/A), who two months ago announced plans to cut some 1300 jobs, filed for bankruptcy protection this morning. The Toronto-based company has significant US operations, including offices on Great America Parkway in Santa Clara.

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Yahoo Layoffs Begin; Estimated 1500 To Lose Jobs This Round

December 10, 2008

Tweet Sunnyvale-based Yahoo (YHOO: 40.93 -2.74%) began its latest round of layoffs today. The estimate is that 1,500 employees will be laid off worldwide in this latest round. Both analysts covering Yahoo! as well as friends working for the company estimate that there are still several thousand more employees within the company whose jobs could be […]

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NVIDIA Gets Go Ahead to Build 2M SF Campus in Santa Clara

December 5, 2008

Tweet Santa Clara-based NVIDIA (NVDA: 19.08 -1.85%) has received city council approval for the construction of a nearly 2M square foot campus on the site of the current San Tomas Business Park which it acquired earlier this year from Harvest Properties and Black Rock for nearly $150M. The site currently is 35.6 acres. The City […]

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National Semiconductor, Applied Materials Announce Layoffs

November 13, 2008

Tweet National Semiconductor (NSM: 34.82 -0.17%) and Applied Materials (AMAT: 22.55 -0.22%) both announced layoffs today. National is cutting about 5% of its workforce, or 330 employees. Applied Materials is cutting about 12%, or about 1,800 employees. Semiconductors have been struggling for sometime as a slowdown in consumer spending hits demand for National Semi and […]

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Nortel Announces Plans to Terminate 1300 Jobs

November 10, 2008

Tweet Nortel Networks (NT: 0.00 N/A) announced its plans to terminate some 1300 jobs through next year. Nortel’s stock has dropped over 90% over the past year. This most recent quarter saw them taking significant amounts of write-offs and forecasting slower growth and lower profit. Norton has a presence in Santa Clara at 4655 Great […]

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Tesla Motors San Jose Land and Factory Deal: Thanks Government!

September 17, 2008

Tweet Tesla has signed a lease for 89 acres of land in North San Jose off Zanker Road north of highway 237. Tesla is proposing to build a 600,000 square foot headquarters and factory facility. From what is being reported, it seems Tesla got a great deal. Tesla signed a 40-year lease, of which the first […]

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Neiman Marcus, Bloomingdale’s Confirm Westfield Valley Fair Openings

September 14, 2008

Tweet Both Neiman Marcus and Bloomingdale’s have confirmed plans to open stores at Westfield Valley Fair in Santa Clara in 2011. Bloomingdale’s will be constructing a three-level 150,000 square foot store and Neiman Marcus will be opening a two-level, 120,000 square foot store. Both are expected to open in time for the 2011 Christmas shopping […]

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California and Silicon Valley Unemployment Rate Numbers

September 5, 2008

Tweet Numbers today came out for the national unemployment rate, and it is no surprise that the numbers continue to rise. The national rate now stands at 6.1%, a five-year high. These numbers don’t tell us much about California and Silicon Valley, so the graph to the right and data below represent the trends for the […]

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