Ingram Micro to Reduce Headcount by 3.5%
Dec 2, 2024 · Irvine-based Ingram Micro Corp. (NYSE: INGM), the world’s largest distributor of computers and other technology, said it is undertaking a series of restructuring initiatives that will reduce its headcount by approximately 850 employees, or 3.5%, by the end of the first quarter.
Orange County Business Journal - The Community of Business™
W. Henry Walker, chief executive of Farmers & Merchants Bank, can trace his company’s deep involvement in the community to 1907, the year when...
Turion Space Sees ‘Galactic Manifest Destiny’
Dec 16, 2024 · Turion Space Corp., which aims to clean up space debris, has received $15 million in new funding as it pursues a much broader “galactic manifest destiny” with its next mission slated for March. Turion already has its DROID.001 satellite up, capturing images for government and commercial clients ...
From Adoption to Major Orangewood Supporter
Dec 2, 2024 · Plenty of people sell millions worth of luxury real estate in Orange County, but no one quite matches the personal story of the Oppenheim Group’s real estate agent Alexandra Rose. She was adopted at age 5 from the Orangewood Children’s Home in Orange. More recently, she was a reality TV star for three seasons and […]
Chapman Picks Parlow as Next President
Dec 16, 2024 · Last week, Chapman University named Executive Vice President and Chief Advancement Officer Matt Parlow as Chapman’s 14th president, effective Sept. 2, 2025.
Anduril, Partners Go All-In on AI for Military
Dec 16, 2024 · Defense company Anduril Industries has formed several industry partnerships designed to strengthen the company’s role in military-focused artificial intelligence. Anduril has teamed up with data analytics firm Palantir Technologies to advance AI development, with plans to have other companies join ...
Masimo Cuts Spending on Wearables - Orange County Business …
Dec 2, 2024 · Masimo Corp., whose founder Joe Kiani exited the company in late September, is focusing on fewer projects amid the separation of its consumer business. The move underscores Masimo’s bid to position itself for long-term growth, as it previously announced in last month’s third-quarter earnings call. At the time, they hinted at downsizing. Masimo laid off […]
Hyundai Flying Taxi Co. Moves HQ to Irvine
Dec 23, 2024 · Hyundai Motor Group is moving its flying taxi division’s headquarters from the nation’s capital to Irvine, bolstering the local hub of aerospace and aircraft companies. The electric vertical takeoff and landing (eVTOL) startup called Supernal is asking between 35 and 40 people to relocate to OC ...
Expectations are High for Alteryx’ New CEO
Dec 16, 2024 · Andy MacMillan CEO Alteryx Inc. Data analytics software company Alteryx Inc. soared to more than $10 billion in market capitalization as a public company in 2020 before that value was slashed and the firm was sold to a pair of private equity firms. Now, Irvine-based Alteryx has a new chief executive ...
City of Hope Buys 52 Acres in Great Park Area
Dec 17, 2024 · City of Hope has purchased 52 acres of land surrounding its campus at the Great Park Neighborhoods in Irvine from Five Point Holdings LLC. City of Hope also bought 2000 FivePoint, the building that houses its administrative offices and is next door to its Lennar Foundation Cancer Center.