Oakland Coliseum and Arena's 1,605 workers to lose jobs at year-end

Amidst uncertainty over the future of the Oakland Coliseum and Arena, the management company Legends Global gave the legally mandated 60-day WARN notice to the state, that 1,605 employees at the site will be terminated when their contract ends December 31, 2026. The Oakland Acquisition Company spokesman Raymond Bobbitt says the plan is to rehire those union employees once the company closes a $240-million deal with the City of Oakland and Alameda County to buy the site, and then sell the arena portion for $100 million to Oak View developers.