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Irvine, continued ...
Brown cites that Irvine has than 15,000 businesses,
large and small and the city is a hub of the financial industry, which
has been particularly hard-hit. Countrywide and Washington Mutual are
two notable examples of this.
“We're also a key center for
technology and real estate, two more industries that have been
hard-hit,” continues Brown. “As examples, we understand John Laing is
closing its Irvine offices, that's 50 jobs; and Sun Microsystems has
had two rounds of layoffs, according to our WARN paperwork.
“We
have had a hospital close, Circuit City and Mervyn's go out of
business, and our largest city employer, UC Irvine, is awaiting the
effects of the state's budget crisis,” he continues.
On the
positive side, FDIC selected one of The Irvine Co.’s new office towers
in the Spectrum as a regional base of operations, which will bring 600
new jobs to Irvine.
Hyundai Motor America moved into three
floors of new office space in the IBC in April and 120 of its executive
and administrative positions moved into a high-rise in Park Place.
In August 2010, Hoag Hospital Irvine will open with between 800 and 1,000 employees.
“Currently, we have about 6.5 percent of the county’s population and about 14 percent of the county’s jobs,” says Brown.
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Related headlines
Irvine among 10 fastest growing cities
Irvine’s Quantum inks deal with Fisker Automotive
Orange County among the 10 riskiest housing markets nationwide
Irvine’s Local.com sees record search traffic
Readers Feedback:
Irvine builds places like the"Great Park" when in fact they should be encouraging small businesses and mfg companies thru tax breaks and run the City with a budget not more taxes.
Comment at 7/11/2009
Irvine has too many people as it is. Get outta here; we're full!!!
Comment at 7/11/2009
Irvine, continued ...
Brown cites that Irvine has than 15,000 businesses,
large and small and the city is a hub of the financial industry, which
has been particularly hard-hit. Countrywide and Washington Mutual are
two notable examples of this.“We're also a key center for technology and real estate, two more industries that have been hard-hit,” continues Brown. “As examples, we understand John Laing is closing its Irvine offices, that's 50 jobs; and Sun Microsystems has had two rounds of layoffs, according to our WARN paperwork.
“We have had a hospital close, Circuit City and Mervyn's go out of business, and our largest city employer, UC Irvine, is awaiting the effects of the state's budget crisis,” he continues.
On the positive side, FDIC selected one of The Irvine Co.’s new office towers in the Spectrum as a regional base of operations, which will bring 600 new jobs to Irvine.
Hyundai Motor America moved into three floors of new office space in the IBC in April and 120 of its executive and administrative positions moved into a high-rise in Park Place.
In August 2010, Hoag Hospital Irvine will open with between 800 and 1,000 employees.
“Currently, we have about 6.5 percent of the county’s population and about 14 percent of the county’s jobs,” says Brown.
<< PREVIOUS PAGE
Related headlines
Irvine among 10 fastest growing cities
Irvine’s Quantum inks deal with Fisker Automotive
Orange County among the 10 riskiest housing markets nationwide
Irvine’s Local.com sees record search traffic
Readers Feedback:
Irvine builds places like the"Great Park" when in fact they should be encouraging small businesses and mfg companies thru tax breaks and run the City with a budget not more taxes.
| Comment at 7/11/2009 |
Irvine has too many people as it is. Get outta here; we're full!!!
| Comment at 7/11/2009 |
