socalTECH
NOVEMBER 3, 2016
Los Angeles-based online advertising marketplace Rubicon Project is in a major layoff, saying in its quarterly results on Wednesday that it is cutting 125 employees, or roughly 19 percent of its workforce. According to the company, its Q3 was a "challenging quarter" for its industry and "our business in particular".
socalTECH
MARCH 29, 2018
The cuts this time apparently came from the advertising side of Snap, and follows a big layoff of engineers in February. Venice-based Snap has cut another 100 of its employees , according to reports on Thursday, as it continues to trim its workforce. READ MORE>>.
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socalTECH
MARCH 7, 2014
Machinima has had a series of layoffs , as the MCN has struggled to find the right formula to sustain its content development business. Machinima--and other MCNs--have been publicly unhappy with the slim cut of the advertising pie that actually make it back to the content creators from YouTube. READ MORE>>.
socalTECH
OCTOBER 4, 2010
Irvine-based WebVisible , which provides online advertising to small and medium sized businesses, has made a major change in its organization today, saying that it has made a fifteen percent reduction in its headcount, and shuffled its CEO. Tags: webvisible netzero kristen mangers layoff jobs employment. READ MORE>>.
socalTECH
NOVEMBER 6, 2008
A spokesperson for Veoh told socalTECH that the changes affected every group in the firm, and was because the firm wanted to make smart choices early on in the game given a possible internet advertising slowdown. The layoffs occurred yesterday, when employees were notified of the move.
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.
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. This means identifying initiatives early, communicating openly with your team, and asking for their help on the dilemmas of production cuts and layoffs. Initiate succession planning for all roles, including yours.
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