Getty Images

Genentech's South San Francisco headquarters

Here at the Bay Citizen, we had reported both of those stories already, separately, but had not yet connected the dots in print.

On October 12, we reported Genentech's reason for pumping more than a million into the Prop 24 campaign:

...Genentech spokeswoman Caroline Pecquet said the South San Francisco-based biotech giant came out against the proposition because its passage “would discourage companies from expanding their California operations and hurt job growth.”

Pecquet said the Genentech now has a corporate policy of making major investments in states with a type of corporate tax break called “single sales factor apportionment formula” (SSFF), which Prop. 24 would block.

“When we needed to expand our facility we made the decision to construct a new $400 million complex in Hillsborough, Oregon," she said, because Oregon has this type of corporate tax break....

Then, on November 17, we reported on Genentech's decision to lay off hundreds of workers in the Bay Area. Two hundred positions will be eliminated at the companies South San Francisco headquarters, we reported, along with a hundred jobs at a Genentech's manufacturing in Vacaville.

Kuods to California Watch for making this connection in print.