socalTECH

DECEMBER 7, 2021

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.

Layoffs 113

Layoffs Acquisition Report Startup 113

Tech Zulu Event

AUGUST 14, 2012

Google will however feel the layoffs. The firm will incur a severance-related charge of over $275 million, and restructuring charges due to the staff’s severance packages and job outplacement services for the 4000 employees its laying off at Motorola Mobility. Motorola annual financial report is here.

Layoffs 63

Layoffs Google Mobile Patents 63

TechCrunch LA

OCTOBER 19, 2019

Popular messaging app Kik is, indeed, “here to stay” following an acquisition by the Los Angeles-based multimedia holding company, MediaLab. Heyward was an early star of the budding Los Angeles startup community with the launch of the anonymous messaging service, Whisper nearly 8 years ago.

Social Network 153

Social Network Los Angeles Social Media Blogging 153

Startup Professionals Musings

AUGUST 7, 2020

Even a million users on your social media site won’t pay the bills until you sell some advertising or a premium service. You need to be constantly assessing mergers and acquisitions, as well as divestitures. These days, the market is moving so fast that it is rarely adequate to rely only on internal development to keep up with change.

Technical Review 124

Technical Review Layoffs Social Media Metrics 124

socalTECH

JANUARY 16, 2013

Lockerz' San Diego team came from the January, 2011 acquisition of Plixi, which was formerly known as TweetPhoto, which developed software and services which allowed Twitter users to share photos.

San Diego 164

San Diego Commerce Acquisition Sites 164

socalTECH

SEPTEMBER 26, 2008

Autobytel provides marketing services for automotive dealers. The firm said it expects to save $10M annually as a result of the layoffs and elimination of other expenses. READ MORE>>

Layoffs 100

Layoffs Invest Marketing Capital 100

socalTECH

DECEMBER 9, 2019

Los Angeles-based on-demand, dog walking service Wag has bought back its stake from Softbank, and is now seeking a sale, according to CNBC. The sale comes less than two years after SoftBank invested $300M in Wag , via the SoftBank Vision Fund.

Demand 100

Demand Sales Los Angeles Invest 100