Since 2022, the company has delivered more than $5bn in structural cost reductions while maintaining a strong balance sheet and generating significant cash flow.
—
Sam Birchall,
Fortune,
8 June 2026
Elevated inflation and a hot jobs report last week has pushed back expectations of any further reductions happening this year.
Canepa has accused Irizarry of running a toxic workplace and argued that a recent $20 million property tax refund settlement with Genentech highlights the department’s failures.
—
Ryan Macasero,
Mercury News,
3 June 2026
Investigators examined whether the accident was caused by anchoring failures or equipment malfunction.
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