socalTECH
JANUARY 16, 2012
Rumors have been swirling around Agoura Hills-based THQ since this weekend, when a gaming industry analyst, Peter Skerritt, reported that the videogame maker was either looking for a buyer or shutting down its videogame development efforts, cancelling its 2014 lineup. as part of an "ongoing review" of its business. READ MORE>>.
socalTECH
JANUARY 28, 2014
According to Semtech, the job cuts came due to a "significant reduction" in demand for its products in the second half of its fiscal 2014. semtech semiconductor analog mixed signal jobs employment layoff camarillo ventura' The company said it expects to save approximately $35.0M annually via the restructuring. READ MORE>>.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
TechCrunch LA
JANUARY 26, 2022
“[W]e are shifting our technology strategy to leverage external partners for parts of our platform that we’re currently maintaining internally,” Weiss wrote in the email announcing the layoffs to staff. The tech team layoffs are notable for a beauty retailer that has often described itself as a technology company.
socalTECH
MARCH 30, 2016
in revenues for the same quarter in 2014. The move came as it announced a significant drop in its revenues for the quarter ended December 31st, 2015. Qualstar said had $2.6 million in revenues, compared with $3.5M
socalTECH
JULY 6, 2017
XCOR--which has been working on developing a "space plane" since at least 2005--said the layoffs came due to "adverse financial conditions", although it apparently is still looking for funding. XCOR has apparently laid off all of its employees , due to the inability of the company to raise money. READ MORE>>.
TechCrunch LA
OCTOBER 19, 2019
In 2017, TechCrunch reported that Whisper underwent significant layoffs to stave off collapse and put the company on a path to profitability. Whisper’s last round was a $36 million Series C back in 2014.
socalTECH
DECEMBER 19, 2016
OneRoof had previously been backed by Black Coral Capital and Hanwha Group, however, Hanwha pulled its backing of the company in October of 2014. The company said it is now "considering various measures to preserve cash" and looking to "maximize the value of its assets." READ MORE>>.
Expert insights. Personalized for you.
Let's personalize your content