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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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Insights and Opinions: How To Survive A Layoff

socalTECH

For our Insights & Opinions section today, Cathy Ashbaugh, President of Pacific Shore Resources, a local recruiting firm, gives some well timed advice on how to handle a layoff: As we enter into the second quarter of 2009 we are beginning to see small signs of hope and improvement in the economy. Yet, we are not out of the woods.

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Teledyne Technologies Lops Employees, To Close Facilities

socalTECH

Thousand Oaks-based Teledyne Technologies , an aerospace and electronics firm, announced Wednesday that the firm has cut six percent of its North American workforce, eliminated salary increases, cut employee stock option awards, and will also close or relocate five of its operating sites, as it looks to cut expenses.

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Angel Investing: Skill 3 – Relationships with VCs

Both Sides of the Table

My thesis on why this is happening is that large tech companies didn’t invest enough in R&D between 2008-2010 (Google even went through layoffs!!!) But VC is also a very important part of the technology ecosystem – like it or not. and now they’re all buying their way into innovation and talent.

Invest 284
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Angel Investing: Skill 3 – Relationships with VCs

Both Sides of the Table

My thesis on why this is happening is that large tech companies didn’t invest enough in R&D between 2008-2010 (Google even went through layoffs!!!) But VC is also a very important part of the technology ecosystem – like it or not. and now they’re all buying their way into innovation and talent.

Invest 152