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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.

Save Your Spin for Someone Who Cares

Both Sides of the Table

Handling PR with VCs. This is part of my series on How to Raise VC but could equally be filed under Startup Advice more generally. PR is subtle. 

Press 88

Layoffs Take Big Toll In California In 2009

socalTECH

The BLS said that 2009 was the worst year since 2002 for California, the last time layoffs surpassed 500,000 employees. READ MORE>>.

Report: Veoh Planning Major Layoffs

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Quoting a "source close to the company" VentureBeat said that the layoffs would be "drastic." An email to Dmitry Shapiro, CEO of Veoh, this morning, asking for comments on the rumor was not returned. Tags: veoh layoff jobs video content Veoh laid off 20 percent of its employees in November. READ MORE>>.

Report: Tech Layoffs At Highest Level In Three Years

socalTECH

Layoffs from such computer giants as Hewlett-Packard, which recently announced a layoff of 30,000 workers, boosted the total.

Alexander Kjerulf's Chief Happiness Officer blog, and surviving a downturn without layoffs

CEO Flow

By the way, I would never tell a CEO to do everything they can to avoid layoffs.  Enjoy! recession so far.

Alexander Kjerulf's Chief Happiness Officer blog, and surviving a downturn without layoffs

CEO Flow

By the way, I would never tell a CEO to do everything they can to avoid layoffs.  Enjoy! recession so far.

Alexander Kjerulf’s Chief Happiness Officer blog, and surviving a downturn without layoffs

CEO Flow

By the way, I would never tell a CEO to do everything they can to avoid layoffs.  Enjoy! recession so far.

Friday roundup: More layoffs, venture roundup, growth at firms, and more

socalTECH

In our Friday Southern California technology news roundup: The economy continues to be in the news this week, as Broadcom is cutting 200 employees as it sees a glum Q1. Andrew Warner of Mixergy also digs into the Dot Com archives for some advice on what you can learn from the (last) Internet Bubble.

Report: Verari Systems Shuts Down

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Tags: verari systems blade server shutdown employment jobs layoff

THQ Completes Cost Cutting

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Tags: video game studio content employment jobs layoff

Broadcom To Lay Off 200

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Tags: jobs employment layoff broadcom

Aptera Delays Vehicle

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Tags: aptera venture capital layoff employment jobs electric green automobile auto

Report: Ingram Micro Lops 8 Percent

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ChannelWeb quoted an executive at Ingram, who said that the layoff occurred Tuesday, with as many as 150 cuts in the firm's Orange County offices. Tags: ingram employment jobs layoff micro Ingram Micro distributes technology products, including electronics, computer accessories, and other products.

Sequenom Chops 30 Employees

socalTECH

According to the firm, the cuts were a result of a "continuing weak outlook in 2009" for sales of its equipment, particularly in the U.S. Sequenom said the moves should save it approximately $8M in costs in 2009, and $10M annually. Tags: sequenom genetic analysis employment layoff jobs

THQ To Lay Off 600

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Tags: employment jobs layoff video content game

TTM Technologies Shuts Los Angeles Facility, Lays Off 347

socalTECH

Santa Ana-based TTM Technologies , a printed circuit board manufacturer, announced late Tuesday that the firm is closing both its Los Angeles and Hayward, California facilities, resulting in the layoff of 347 employees. Tags: layoff employment electronics technologies The cuts represent approximately 11 percent of the firm's workforce.

EA Shutters Pandemic Studios

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Tags: electronic arts games content pandemic shutdown layoff

Power-One Chops Another 300 Workers

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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 in sales it had in Q2 of 2008. Tags: power-one power supply employment jobs layoff The firm said the cuts bring the company's reduction in headcount to 1300, or 29 percent of its staff. READ MORE>>.

Now is the Time to Upgrade Your Sales Team

Ask the Angels

More importantly, many skilled sales people have been let go in the waves of layoffs that have dominated the news.  The current recession presents you with an opportunity to upgrade your sales team.  You can make real progress by upgrading your sales team, no matter how large or small. Salaries down, supply up—in short, a buyer’s market.

60Frames Shuts Down

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Tags: 60frames online entertainment content hollywood studio layoff shutdown

Teledyne Technologies Lops Employees, To Close Facilities

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The announcement came as the firm reported first quarter 2009 sales of $440.3M, down from $451.8M in the same period last year. Tags: teledyne technologies employment jobs layoff aerospace electronics The firm said that it had a sales decrease due to contracting commercial markets and the global recession.

United Online Cuts Staff

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Tags: layoff jobs employment online united

Microsemi To Shut Plant

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Tags: microsemi mixed signal integrated circuits semiconductor employment jobs shutdown layoff

Report: ManiaTV Axes Staff

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Tags: employment merger layoff hollywood content acquisition entertainment maniatv

Conexant Completes Product Line Sale, Chops 100 Employees

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Tags: ikanos acquisitoin merger employment jobs layoff conexant

THQ Lays Off 100 Employees, Closes San Diego Office

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Tags: jobs employment layoff content games wireless

MySpace Chops 30 Percent

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Tags: myspace employee jobs layoff employment

Buzz Media Trims Staff At Idolator

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Tags: buzz media buzznet employment jobs layoff blog blogging idolator music content

Capstone Lays Off 22

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Tags: capstone turbine employment jobs layoff

Vitesse Cuts 12 Percent Of Employees

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Tags: layoff jobs employment semiconductor vitesse

Quidel Cuts 10 Percent

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Tags: quidel diagnostic lifescience healthcare layoff jobs employment

Cortex Pharmaceuticals Lops Half Of Workers

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Tags: employment layoff cortex pharmaceuticals psychiatric lifescience

THQ Gains On UFC Title

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The positive results compared with a loss of $27.2M and sales of $137.6M last year for the same quarter. READ MORE>>.

Power-One Lops 1000

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Tags: jobs employment layoff powerone power power-one semiconductor

Hollis-Eden Pharmaceuticals Lops A Third Of Company

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Tags: hollis jobs employment layoff pharmaceuticals sandiego eden biotech lifescience

Report: Fox Interactive Media Makes Cuts

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Tags: jobs layoff interactive myspace media

Metabasis Therapeutics Lops 43 Percent

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Tags: jobs biopharmaceutical layoffs therapeutics pharmaceutical lifescience metabasis

Harman International Shuts New York Offices

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Tags: jobs employment layoff harman international

Insights: 7 Tips to Help Jobless Americans Persevere

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The numbers are staggering: The Labor Department recently reported 598,000 Jobs losses in January 2009, the worst one-month decline in 35 years, with the overall unemployment rate now at a whopping 7.6 Tags: jobs employment layoff opinions insights percent - the highest since 1992. To date, a total of 3.6 Consider going solo.