Here's what's blowing in the wind in local Bay Area business news at mid-week
Good morning, Bay Area. Starting the day with city politics, Mayor London Breed on Tuesday announced her nominees to, an agency with a $600 million budget that will now operate with formal oversight. The Board of Supervisors will approve or veto her picks in the coming weeks as well as name three of its own members.
Newly filed WARN notices with the state reveal that 156employees were cut from the fintech's 650 California St. office as part of a recently announced restructuring. Affirm earlier this month announced a 19% workforce reduction totaling close to 500 people. Also in the city,— which late last year said it would lay off 300 employees from its global workforce of more than 5,000 — cut 86 positions at its 989 Market St. Meanwhile across the bay, drug giantU.S.
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