Lam will shift 350 workers to Livermore

Lam Research Corp., fueled by the prospect of an upswing in the tech sector, will move hundreds of workers to a manufacturing complex in Livermore, the Fremont-based company said Wednesday. Full Story

Since: Sep 10

Livermore, CA

#1 Sep 16, 2010
This is great news! Livermore can "steal" a lot of Silicon Valley and Bay Area companies. This is the most pro-business I've seen Livermore in my 20+ years either living or working here.
Anon

San Ramon, CA

#2 Sep 16, 2010
Yah, what sweetheart deal did the City give them as an "incentive"? Not sure how this helps Livermore residents and taxpayers anyway. These are existing jobs, they aren't hiring new workers. And even if every single job there were brand new, and they hired someone from Livermore, thats only 500 jobs. Out of at least 5000 jobs that have been lost since the recession began. Long way to go.

But that's okay, because there will be plenty of cashier and "stock boy" jobs opening up at the Prime Outlets.
Bedroom Community

United States

#3 Sep 16, 2010
That's great. 350 more cars clogging our already over packed roads.

Manufacturing? Why not add a one more Chinese takout place- they'd employ the same number. Might be relatives imported for the task, but still jobs right?

"Livermore, The Commuters Gateway to Cheaper Housing in Modesto and Tracy.'
Bedroom Community

United States

#4 Sep 16, 2010
It's not like they're CREATING jobs in Livermore - they're SHIFTING them here from somewhere else.

All that means is that some real estate investor is taking it in their shorts and gave them a below market lease on an empty building.
Anon

San Ramon, CA

#5 Sep 16, 2010
Bedroom Community wrote:
It's not like they're CREATING jobs in Livermore - they're SHIFTING them here from somewhere else.
All that means is that some real estate investor is taking it in their shorts and gave them a below market lease on an empty building.
Bingo. But the original developers made out like bandits thanks to "incentives" from the city and tax credits (not at the city level) that enable even a vacant building to be extremely valuable.
Anon

San Ramon, CA

#6 Sep 16, 2010
Bedroom Community wrote:
That's great. 350 more cars clogging our already over packed roads.
Manufacturing? Why not add a one more Chinese takout place- they'd employ the same number. Might be relatives imported for the task, but still jobs right?
"Livermore, The Commuters Gateway to Cheaper Housing in Modesto and Tracy.'
Least the traffic is reverse commute, not so much of an impact. And they will have to eat lunch somewhere. My objection is that it will be a big lunchtime mess at Costco to get a cheap meal! Hopefully some of them will patronize other businesses that might need a boost. Beebs doesn't NEED any more lunch crowd, its already full. Maybe Cattlemens will open for lunch.

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