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Better, With Offices In Irvine, Gets Heat For Zoom Layoff, Insults

socalTECH

Venture-backed startup Better.com, which offers up an online mortgage service--and which has offices in Irvine--is getting widespread heat for its approach to layoffs--a three minute Zoom call, and the CEO's messages saying those laid-off employees were "stealing" from the company having allegedly working only two hours daily.

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Silicon Beach Report Jan. 8: GoPro layoffs, Grindr founder leaving, new lights for Ring’s smart doorbells

L.A. Business Journal

GoPro announced layoffs and cost-cutting as the camera and software company exits the drone business; video doorbell maker Ring has acquired light maker Mr. Beams; and the founder of dating app Grindr is stepping down following the company’s acquisition by a Hong Kong-based mobile gaming company.

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BetterWorks Goes From Feast To Famine With Layoffs

socalTECH

A report today from PandoDaily said that Santa Monica-based BetterWorks has terminated all of its sales and marketing staff, and half of its operations team. Now it appears that the firm is looking to pivot its model, and looking to figure out a better customer acquisition model. READ MORE>>.

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Report: NastyGal Facing Cram Down Round, Seeking Buyer

socalTECH

The report today, from PandoDaily, follows an earlier report from the fashion industry which said that NastyGal was seeking a buyer for the company. NastyGal--founded by Sophia Amorusa--had been facing some major headwinds over the last few years, which had resulted in Amorusa resigning as CEO and layoffs at the company.

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Sonos Cuts 96 Employees

socalTECH

Santa Barbara-based Sonos , which makes user-friendly, whole home music systems and speakers, has laid off 96 employees, according to multiple reports from Santa Barbara media on Friday. Deails on the layoffs have not been announced by the company, nor reason for the cuts. READ MORE>>.

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Disney's Maker Studios Cuts Jobs

socalTECH

The cuts were first reported by Variety. maker studios disney merger acquisition jobs employment layoff content hollywood' Maker Studios , the online YouTube content network which was recently acquired by Walt Disney , is cutting approximately 10 percent of its staff. Maker Studios employs around 380 people. READ MORE>>.

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Report: ManiaTV Axes Staff

socalTECH

Los Angeles-based ManiaTV has reportedly laid off 15 of the firm's 33 employees, according to a report in The Deal, as the firm prepares to sell the company. Tags: employment merger layoff hollywood content acquisition entertainment maniatv. The Deal said Revision3 is rumored to be a possible buyer for the firm.

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