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Kythera Chops 117 Employees In Post Acquisition Layoff

socalTECH

In a blow to the biopharmaceuticals industry along the 101 corridor, Westlake Village-based aesthetic medicine developer Kythera Biopharmaceuticals disclosed on Tuesday that it is laying off 117 of its employees , just days after the consummation of a deal to be acquired by Allergan. READ MORE>>.

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Qualstar Seeks Strategic Alternatives, Hints At Layoffs

socalTECH

Weestlake Village-based data storage and high efficiency power supply maker Qualstar said Wednesday that it is looking at "strategic alternatives", including "mergers, acquisitions and divestures", and also will make "personnel adjustments" to help it reduce operating expenses.