Remove Development Remove Layoffs Remove San Diego Remove Technology
article thumbnail

The Station: Via hits $2.25B valuation, letters from readers, layoffs in a time of COVID-19

TechCrunch LA

I will repeat my appeal from last week: Maybe you’re a startup founder, a safety driver at an autonomous vehicle developer, a venture capitalist, engineer or gig economy worker. metro area, San Diego and Santa Monica. Enovix, which has developed a silicon-based lithium-ion battery, has raised $45 million in new funds.

Layoffs 136
article thumbnail

Websense To Move 470 Jobs To Texas

socalTECH

San Diego-based cybersecurity developer Websense announced Friday that it is officially moving its headquarters to Austin, Texas, and moving 470 jobs to the city. websense jobs employment texas layoff' Texas is providing a $4.5M Vista Equity owns Websense, along with Omnitracs, which is also moving to Texas. READ MORE>>.

San Diego 170
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

TuSimple Axes 25 Percent Of Staff

socalTECH

San Diego-based self-driving truck technology developer TuSimple confirmed on Wednesday that the company is cutting 25 percent of its workforce, or approximately 350 people, as part of a restructuring effort at the company. The company said it will have approximately 1,100 employees after the cuts.

San Diego 100
article thumbnail

How The Deal Between Synthetic Genomics, Exxon Fell Part

socalTECH

It all looked good at the time: oil company Exxon needed to develop a more earth-friendly way to produce oil, and San Diego startup Synthetic Genomics needed funding to get its technology off the ground. But then, ExxonMobil cut back its original investment--worth up to $600M--in Synthetic Genomics. What happened?

Layoffs 159
article thumbnail

Report: Verari Systems Shuts Down

socalTECH

San Diego-based Verari Systems , a developer of blade server technology, has shut down, according to publication InsideHPC. Tags: verari systems blade server shutdown employment jobs layoff. According to InsideHPC, Verari Systems shut down due to lack of access to capital. READ MORE>>. READ MORE>>.

Layoffs 133
article thumbnail

Quidel Cuts 10 Percent

socalTECH

San Diego-based Quidel , a developer of diagnostic tests for the healthcare industry, said Tuesday that it has cut approximately 10 percent of its work force, or 31 employees, in a corporate restructuring. Tags: quidel diagnostic lifescience healthcare layoff jobs employment.

article thumbnail

Turtle Beach Restructures HyperSound, Seeks Buyer

socalTECH

San Diego-based audio technology developer Turtle Beach said Monday that it is restructuring its HyperSound business, in a bid to lower the operating costs of that business. Turtle Beach is a developer of gaming headsets for the Xbox One, PlayStation 4, and other platforms. READ MORE>>.

San Diego 100