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Layoffs Hot Keyword for Second Half of January 2009

SoCal CTO

Last month we Launched Los Angeles Tech and in the announcement we provide the Hot List for the first half of January 2009. But, in running it now for the second half of January, the keyword that popped to the top was: Layoffs And this is definitely a sign of the times. You can go to the Hot List post to see what was hot then.

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Report: Tech Layoffs At Highest Level In Three Years

socalTECH

You may not see it here in Southern California's high tech sector--which has been booming, due to a surge of startup and accelerator activity--but apparently, the technology sector has seen its highest level of layoffs in three years, according to a report today. The number of cuts is apparently the largest, midyear total since 2009.

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WebVisible Cuts Staff As Mangers Steps Down, Burr Takes Over

socalTECH

According to WebVisible, the cuts come to "realign" the company to focus on performance, quality in scale, and "healthy growth." Burr has been COO of the company since 2009, and was founder of ISP NetZero. Tags: webvisible netzero kristen mangers layoff jobs employment. READ MORE>>.

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Insights and Opinions: Southern California Tech Jobs Make a Comeback

socalTECH

For our Insights and Opinions section today, we have an editorial by John Savageau, President of Pacific-Tier Communications, who asks companies in Southern California to put local talent back to work. 2009 was a horrible year for job seekers, and even those holding on to existing jobs.

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Navigating The Legal Minefield

SoCal Tech Calendar

Friday, January 23, 2009 -- Navigating The Legal Minefield: How To Keep Your Company Safe In 2009. In addition, under the rubric "Avoiding Self-Inflicted Wounds," Mr Kramer will discuss the legal issues your company should consider when facing the need for employee layoffs in this recessionary time.

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Power-One Chops Another 300 Workers

socalTECH

The firm said the cuts bring the company's reduction in headcount to 1300, or 29 percent of its staff. The revelation came as part of the firm's Q2 2009 results, when the firm said it had net sales of $91.2M, a 39% decrease from the $149.3M Tags: power-one power supply employment jobs layoff. in sales it had in Q2 of 2008.

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THQ Gains On UFC Title

socalTECH

for its fiscal first quarter, on the strength of the firm's new UFC 2009 Undisputed title. The quarter, which ended June 30th, reversed a string of big losses and declines for the company over the last year, which resulted in major layoffs and studio closures at the firm in November and February. on sales of $243.5M

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