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Qualcomm Confirms FLO TV Shutdown Plans, Layoffs

socalTECH

Qualcomm said that--if it shuts down the service--it will make "appropriate refunds" and would order some layoffs related to the shutdown. Tags: qualcomm television content streaming media layoffs entertainment jobs employment. READ MORE>>.

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Machinima Wiped From The Internet As Entire YouTube Channel Set To Private

socalTECH

In an unprecedented move, Otter Media , the new owner of Machinima , has set the entire Machinima YouTube channel to "private", effectively wiping the entire history of content created for the content network from the Internet. The sudden move over the weekend caught many YouTubers unaware, taking years of content off Youtube.

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Report: Veoh Planning Major Layoffs

socalTECH

Quoting a "source close to the company" VentureBeat said that the layoffs would be "drastic." Tags: veoh layoff jobs video content. San Diego- and Los Angeles-based online video site Veoh is reportedly in the midst of a "major restructuring," according to a report from VentureBeat. READ MORE>>.

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Glossier just laid off one-third of its corporate employees, mostly in tech

TechCrunch LA

“[W]e are shifting our technology strategy to leverage external partners for parts of our platform that we’re currently maintaining internally,” Weiss wrote in the email announcing the layoffs to staff. The tech team layoffs are notable for a beauty retailer that has often described itself as a technology company.

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Machinima Lays Off 42

socalTECH

Los Angeles-based online content developer Machinima said Thursday that it has laid off 42 people at the company, all from its sales force, as the company continues to struggle with low ad rates and the large chunk of revenues that are claimed by Google from multi-channel networks. READ MORE>>.

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Snapchat Retreats From Original Content

socalTECH

Venice-based Snapchat has shut down its original content efforts, and laid off around 15 people who were working on the Snap Channel, according to Deadline. Snapchat had launched its original content efforts in January, to develop its own original content and music for the service. READ MORE>>.

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Disney's Maker Studios Cuts Jobs

socalTECH

Maker Studios , the online YouTube content network which was recently acquired by Walt Disney , is cutting approximately 10 percent of its staff. maker studios disney merger acquisition jobs employment layoff content hollywood' READ MORE>>. maker studios disney merger acquisition jobs employment layoff content hollywood'

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