Activision Blizzard To Slash Almost 800 Employees

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The move comes even as Activions Blizzard reported record net revenues in 2018 of $7.50 activision blizzard layoff jobs employment gaming games videogame softwareSanta Monica-based game developer Activision Blizzard says it is slashing 8 percent of its staff, or nearly 800 employees, as a part of a restructuring effort at the company. bllion, up from the $7.02 billion it had in revenues for 2017.

Qualstar Continues To Look At Strategic Options

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Simi Valley-based Qualstar , the developer of data storage and high efficiency power supplies, says it continues to look at "strategic options" for the business, as it reported yet another quarter of declining revenues. 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.

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THQ Raises Q4 Outlook

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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. The publicly held videogame maker said the results were boosted by strong net sales of its Saints Row: The Third title, plus slightly higher sales of its UFC Undisputed 3 title.

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Broadcom To Lay Off 200

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The move came after the firm reported net revenues of $1.127 billion for the third quarter of 2008. Tags: jobs employment layoff broadcom Irvine-based Broadcom will lay off 200 workers, or about 3 percent of the firm's employees, the firm said yesterday on its earnings call.

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Fisker Automotive Supplier A123 Heads Towards The Rocks

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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.

La Jolla Pharmaceuticals Looks To Dissolve Firm

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San Diego-based La Jolla Pharmaceutical Company , a publicly traded biopharmaceuticals firm, reported this morning that its stockholders are set to vote on a liquidation plan for the company. The company said it had cash, net of liabilities and obligations, of approximately $4.4M. That failure resulted in the layoff of nearly all of the firm's staff, and an unsuccessful effort to sell the firm.

10 Cash-Flow Surprises That Could Kill Your Startup

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If you try to vary the number of employees to match, that costs even more cash for hiring, firing, and layoffs. The Kauffman Foundation reports that late payments are among the biggest challenges facing startups.