socalTECH

JANUARY 11, 2011

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.

Layoffs 194

Layoffs Social Network Entertainment Los Angeles 194

socalTECH

OCTOBER 8, 2012

The anonymous tipster said that an interim management team is now seeing to sell the company after a severe layoff by its investors. READ MORE>>.

Marina Del Rey 133

Marina Del Rey Layoffs Commerce Tips 133

socalTECH

DECEMBER 13, 2011

Woodland Hills-based United Online , has reportedly cut its staff at unit MemoryLane in Seattle, eleven months after transforming what was an online networking site into one focused on nostalgia. The report said an unspecified number of staff were cut across multiple functions at the company.

Woodland Hills 140

Woodland Hills Report Sites Networking 140

socalTECH

SEPTEMBER 29, 2008

Los Angeles-based Uber, the online social networking web site run by former Friendster CEO Scott Sassa, has shut down. According to the firm's web site, as of September 29, the firm's investors have decided to stop supporting the site, and the company has closed its doors. READ MORE>>

Slides 100

Slides Social Network Web Blogging 100

socalTECH

JANUARY 15, 2009

Our startup interview this morning is with Josh Stomel , founder of ResumeBucket (www.resumebucket.com), a new web site that is focused on helping people share their resumes with the world. Stomel--who is bootstrapping the startup from his recruiting firm, NeoHire--explained the site to us. What's the idea behind the site?

Startup 140

Startup Yahoo Sites Oversee.net 140

socalTECH

DECEMBER 12, 2008

Woodland Hills-based United Online, which operates the Classmates.com reunion and social networking site, appears to be cutting back staff, according to sources close to the firm. A spokesperson for the firm declined to comment on the reports.

Woodland Hills 100

Woodland Hills Social Network Report Sites 100

socalTECH

NOVEMBER 24, 2008

Buzznet operates an online social networking and social media site focused on music and bands, and is backed by Anthem Ventures, Interscope, Redpoint Ventures, and others. According to the publication, citing a representative of the firm, Buzznet has eliminated 10 employees, from a total of 89 staff.

Buzznet 100

Buzznet Report Anthem Redpoint 100