Layoffs Hot Keyword for Second Half of January 2009

SoCal CTO

Last month we Launched Los Angeles Tech and in the announcement we provide the Hot List for the first half of January 2009. But, in running it now for the second half of January, the keyword that popped to the top was: Layoffs And this is definitely a sign of the times. Top for January 16, 2009 - January 31, 2009 Posts Are You Selling Online Yet? This hot list is based on various social signals of what people are writing about, reading, bookmarking, searching, etc.

Save Your Spin for Someone Who Cares

Both Sides of the Table

He had 2 weeks’ cash left in the bank and was facing massive layoffs or potentially bankruptcy. Handling PR with VCs. This is part of my series on How to Raise VC but could equally be filed under Startup Advice more generally.

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Layoffs Take Big Toll In California In 2009

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The latest number released from the United States Department of Labor finds that 2009 was an ugly year for Californians, as measured by the number of mass layoffs and jobs lost. The agency did not break down the geographic spread of those layoffs across the state.

Report: Veoh Planning Major Layoffs

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Quoting a "source close to the company" VentureBeat said that the layoffs would be "drastic." Tags: veoh layoff jobs video content San Diego- and Los Angeles-based online video site Veoh is reportedly in the midst of a "major restructuring," according to a report from VentureBeat. An email to Dmitry Shapiro, CEO of Veoh, this morning, asking for comments on the rumor was not returned. Veoh laid off 20 percent of its employees in November.

Friday roundup: More layoffs, venture roundup, growth at firms, and more

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In our Friday Southern California technology news roundup: The economy continues to be in the news this week, as Broadcom is cutting 200 employees as it sees a glum Q1.

Alexander Kjerulf's Chief Happiness Officer blog, and surviving a downturn without layoffs

CEO Flow

By the way, I would never tell a CEO to do everything they can to avoid layoffs. Layoffs can hurt a culture, or it can help it – it depends on how they’re handled, and the unique situation of the company. Is there a better way out of a corporate crisis than layoffs?

Alexander Kjerulf's Chief Happiness Officer blog, and surviving a downturn without layoffs

CEO Flow

By the way, I would never tell a CEO to do everything they can to avoid layoffs. Layoffs can hurt a culture, or it can help it – it depends on how they’re handled, and the unique situation of the company. Is there a better way out of a corporate crisis than layoffs?

Alexander Kjerulf's Chief Happiness Officer blog, and surviving a downturn without layoffs

CEO Flow

By the way, I would never tell a CEO to do everything they can to avoid layoffs. Layoffs can hurt a culture, or it can help it – it depends on how they’re handled, and the unique situation of the company. Is there a better way out of a corporate crisis than layoffs?

Alexander Kjerulf’s Chief Happiness Officer blog, and surviving a downturn without layoffs

CEO Flow

By the way, I would never tell a CEO to do everything they can to avoid layoffs. Layoffs can hurt a culture, or it can help it - it depends on how they’re handled, and the unique situation of the company. Is there a better way out of a corporate crisis than layoffs?

Report: Verari Systems Shuts Down

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Tags: verari systems blade server shutdown employment jobs layoff

THQ Completes Cost Cutting

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THQ said that it will record approximately $45M in business realignment expenses for its fiscal 2009 fourth quarter, plus approximately $41M in impairment charges related to cancellation of titles and studio closures. Tags: video game studio content employment jobs layoff

Broadcom To Lay Off 200

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The results for the year were actually up 23.3%, to $4.658 billion, however the firm said that the it expects a slowdown in the economy will negatively impact the firm's business in the first quarter of 2009. Tags: jobs employment layoff broadcom

Aptera Delays Vehicle

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Tags: aptera venture capital layoff employment jobs electric green automobile auto

Sequenom Chops 30 Employees

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According to the firm, the cuts were a result of a "continuing weak outlook in 2009" for sales of its equipment, particularly in the U.S. Sequenom said the moves should save it approximately $8M in costs in 2009, and $10M annually. Tags: sequenom genetic analysis employment layoff jobs San Diego-based Sequenom , a developer of genetic analysis equipment, announced late Thursday that the firm has cut approximately 30 employees as part of a cost cutting measure.

Report: Ingram Micro Lops 8 Percent

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ChannelWeb quoted an executive at Ingram, who said that the layoff occurred Tuesday, with as many as 150 cuts in the firm's Orange County offices. Tags: ingram employment jobs layoff micro Santa Ana-based Ingram Micro , an electronics distributor, has reportedly laid off about 8 percent of the firm's North American workforce, or 300 employees, according to a report from ChannelWeb.

THQ To Lay Off 600

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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

TTM Technologies Shuts Los Angeles Facility, Lays Off 347

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Santa Ana-based TTM Technologies , a printed circuit board manufacturer, announced late Tuesday that the firm is closing both its Los Angeles and Hayward, California facilities, resulting in the layoff of 347 employees. Tags: layoff employment electronics technologies

EA Shutters Pandemic Studios

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Tags: electronic arts games content pandemic shutdown layoff

Power-One Chops Another 300 Workers

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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 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.

Teledyne Technologies Lops Employees, To Close Facilities

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The announcement came as the firm reported first quarter 2009 sales of $440.3M, down from $451.8M Tags: teledyne technologies employment jobs layoff aerospace electronics

60Frames Shuts Down

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Tags: 60frames online entertainment content hollywood studio layoff shutdown

United Online Cuts Staff

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Tags: layoff jobs employment online united

Microsemi To Shut Plant

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Tags: microsemi mixed signal integrated circuits semiconductor employment jobs shutdown layoff

Report: ManiaTV Axes Staff

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Tags: employment merger layoff hollywood content acquisition entertainment maniatv

Conexant Completes Product Line Sale, Chops 100 Employees

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Tags: ikanos acquisitoin merger employment jobs layoff conexant

THQ Lays Off 100 Employees, Closes San Diego Office

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Tags: jobs employment layoff content games wireless

THQ 2

MySpace Chops 30 Percent

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Tags: myspace employee jobs layoff employment

Buzz Media Trims Staff At Idolator

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Tags: buzz media buzznet employment jobs layoff blog blogging idolator music content

THQ Gains On UFC Title

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for its fiscal first quarter, on the strength of the firm's new UFC 2009 Undisputed title. Agoura Hills-based THQ has swung back into the black, saying Tuesday evening that it had net income of $6.4M on sales of $243.5M

Capstone Lays Off 22

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Tags: capstone turbine employment jobs layoff

Vitesse Cuts 12 Percent Of Employees

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Tags: layoff jobs employment semiconductor vitesse

Quidel Cuts 10 Percent

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Tags: quidel diagnostic lifescience healthcare layoff jobs employment

Cortex Pharmaceuticals Lops Half Of Workers

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Tags: employment layoff cortex pharmaceuticals psychiatric lifescience