socalTECH
APRIL 20, 2020
The company said the loans, from Sunwest Bank, will allow it to continue operations without salary reductions, layoffs, or furloughs. Veritone has over 300 employees and had 2019 net revenues of $49.6M. in loans under the Paycheck Protection Program (PPP). READ MORE>>.
socalTECH
MARCH 17, 2017
The company reported a net loss of $1.2 The company says it has been seeing competition in the data storage industry which has "create pressure" on maintaining market share, saying that "market headwinds" have been challenging the company. According to Qualstar, it had a loss of $0.4 million on revenues of $2.2M
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socalTECH
APRIL 18, 2012
Agoura Hills-based THQ , the embattled videogame maker, is finally seeing some good news, reporting today that it is expecting to report non-GAAP net sales of $160 million to $170 million, above its previous outlook of $130 million to $150 million. READ MORE>>.
socalTECH
JUNE 3, 2013
San Francisco-based Zynga has detailed the cuts at the company, saying it has laid off approximately 520 employees, or 18 percent of its global workforce. The move comes as Zynga said it expects a net loss in the range of. $39 zynga cuts layoffs employment jobs angeles content videogame video mobile social' 39 million to $28.5
socalTECH
MAY 31, 2012
A major supplier to Anaheim-based Fisker Automotive looks to be in severe trouble, linked to issues uncovered in March by Fisker when one of that company's automobiles failed during testing with Consumer Reports. READ MORE>>.
socalTECH
FEBRUARY 4, 2009
Agoura Hills-based THQ , a developer and publisher of video games, said Wednesday that it is making "additional cost reduction actions" which includes the layoff of approximately 600 people, or 24 percent of the company's workforce. Tags: employment jobs layoff video content game. READ MORE>>.
socalTECH
JULY 23, 2009
The firm said the cuts bring the company's reduction in headcount to 1300, or 29 percent of its staff. The revelation came as part of the firm's Q2 2009 results, when the firm said it had net sales of $91.2M, a 39% decrease from the $149.3M Tags: power-one power supply employment jobs layoff. in sales it had in Q2 of 2008.
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