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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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MySpace Chops 47 Percent

socalTECH

Amid rumors for weeks that Los Angeles-based MySpace has been planning massive layoffs, the firm said today that it is cutting 47 percent of its staff globally, or roughly 400 employees. MySpace has been undergoing major structural changes over the past few years, as the firm's core social networking business shifted to competitor Facebook.

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Entropic Cuts Workers, Closes Locations

socalTECH

San Diego-based Entropic Communications , a manufacturer of semiconductors for the home entertainment market, said in a filing with the SEC Tuesday that the firm is cutting approximately 55 of its employees, or 18 percent of its workforce. Tags: employment jobs layoff diego entropic sandiego semiconductor. READ MORE>>.

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