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. The loans are part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act. READ MORE>>.
socalTECH
MARCH 17, 2017
The company reported a net loss of $1.2 Qualstar had a major layoff in March of 2016, along with other cost cutting moves, which looked to have most stemmed its quarterly losses. According to Qualstar, it had a loss of $0.4 million on revenues of $2.2M for the quarter ended December 31, 2016.
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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.
socalTECH
JUNE 3, 2013
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' Zynga said the moves will save it an estimated $70M to $80M in pre-tax, annualized cash expenses. 39 million to $28.5 Zynga blamed the cuts and losses on "underperforming" games.
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
MAY 31, 2012
It's unclear what the troubles at A123 mean for Fisker, which itself has seen troubles this year, including issues with gaining access to funding from the Department of Energy, and a subsequent layoff. READ MORE>>.
socalTECH
JULY 23, 2009
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. The firm said the cuts bring the company's reduction in headcount to 1300, or 29 percent of its staff. in sales it had in Q2 of 2008. READ MORE>>.
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