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Faraday Future Employees Face Layoffs, Pay Cuts

socalTECH

Employees of Los Angeles-based Faraday Future have been laid off--without severance--and pay has been cut by 20 percent for those that remain, after renewed financial troubles over at the electric car maker.

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Zynga Layoffs Hit LA Office

socalTECH

A widespread layoff at social games maker Zynga has hit Los Angeles, with around 55 employees being let go from the location, according to tweets from the company''s employees. zynga angeles office videogame jobs layoff scopely' It appears that Zynga is closing its entire LA operation , according to reports.

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Topspin In Major Layoffs, Says Report

socalTECH

Los Angeles-based music software startup Topspin has laid off a "significant" amount of staff, according to reports , with a majority of the company''s staff getting the pink slip. Topspin did not detail the reason for the layoffs, or how many employees were affected by the move. READ MORE>>.

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HuffingtonPost Abandons Los Angeles Video Streaming Effort, Says Report

socalTECH

The Huffington Post is abandoning its video effort, HuffPo Live , in Los Angeles, according to a report today, and is laying off around 20 staffers from its office here. huffingtonpost video streaming livestream talk television content hollywood huffpo live layoff jobs' READ MORE>>.

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Rubicon Project In Major Layoff, Chops 19 Percent Of Staff

socalTECH

Los Angeles-based online advertising marketplace Rubicon Project is in a major layoff, saying in its quarterly results on Wednesday that it is cutting 125 employees, or roughly 19 percent of its workforce. According to the company, its Q3 was a "challenging quarter" for its industry and "our business in particular".

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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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CityGrid Slashes Staff

socalTECH

In the latest cuts among Silicon Beach's high tech community, CityGrid , which runs Citysearch, Insider Pages, and Urbanspoon--has laid off a chunk of its staff, including a significant number of Los Angeles employees. The cuts come on the heels of cuts at BeachMint, ShoeDazzle, and Cooking.com. READ MORE>>.