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".

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Layoffs Advertising Los Angeles Angel 100

socalTECH

MARCH 7, 2014

Los Angeles-based online content developer Machinima said Thursday that it has laid off 42 people at the company, all from its sales force, as the company continues to struggle with low ad rates and the large chunk of revenues that are claimed by Google from multi-channel networks. READ MORE>>.

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Layoffs Google Hollywood Content 159

socalTECH

NOVEMBER 6, 2008

Los Angeles- and San Diego-based Veoh (www.veoh.com), an online video sharing site, has laid off 20 people, or roughly 18-20 percent of the firm's employees. Veoh said that the firm, although doing well financially, could not predict how soft the online advertising market will become, given the economic challenges of today.

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Veoh Layoffs San Diego SoCalTech 124

socalTECH

JANUARY 15, 2009

Los Angeles-based Oversee.net is not immune to the stormy economy, and told socalTECH Thursday that is cutting 18 percent of the firm's workforce, or a total of 38 people, including some managers. Tags: employment layoff domainer oversee angeles domain. READ MORE>>.

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Oversee.net Layoffs Conference SoCalTech 100

socalTECH

NOVEMBER 3, 2008

Los Angeles-based Spot Runner has laid off 115 employees, as part of a new strategic plan, a spokeperson for the firm confirmed Monday. A spokeperson for the firm told socalTECH that the change was due to an "unprecedented change in the economic environment."

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SoCalTech Advertising Venture Capital Resource 113