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THQ To Lay Off 600

socalTECH

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>>.

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Power-One Chops Another 300 Workers

socalTECH

Camarillo-based Power-One , which manufactures power supplies and power conversion products, disclosed Thursday that the firm has reduced its headcount by another 300 employees. 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 READ MORE>>.

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Interview with Greg Martin, LiquidStock

socalTECH

I have seen employees how have a lion's share of their net worth tied up in options, and have a very difficult time to exercise those options. If you think about our product, there are basically three use cases. With our product, they retain much more of the future value of the upside value of the company.

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10 Cash-Flow Surprises That Could Kill Your Startup

Startup Professionals Musings

If you try to vary the number of employees to match, that costs even more cash for hiring, firing, and layoffs. The faster you grow, the more cash you need, to build product, facilities, staff, and service. Every dollar in inventory is a dollar less in cash available, maybe even two dollars less if your gross margin is 50%.

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Is Your Startup Growing Too Quickly For Cash Flow?

Startup Professionals Musings

If you try to vary the number of employees to match, that costs even more cash for hiring, firing, and layoffs. The faster you grow, the more cash you need, to build product, facilities, staff, and service. Every dollar in inventory is a dollar less in cash available, maybe even two dollars less if your gross margin is 50%.

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