socalTECH

APRIL 1, 2009

San Diego- and Los Angeles-based online video site Veoh is reportedly in the midst of a "major restructuring," according to a report from VentureBeat. Quoting a "source close to the company" VentureBeat said that the layoffs would be "drastic." Tags: veoh layoff jobs video content. READ MORE>>.

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Veoh Layoffs Report San Diego 100

socalTECH

SEPTEMBER 2, 2009

Santa Ana-based TTM Technologies , a printed circuit board manufacturer, announced late Tuesday that the firm is closing both its Los Angeles and Hayward, California facilities, resulting in the layoff of 347 employees. TTM said that it had employed 263 full-time employees in Los Angeles, and 84 full-time employees in Hayward.

Los Angeles 133

Los Angeles Technical Review Layoffs Technology 133

socalTECH

OCTOBER 26, 2018

Employees of Los Angeles-based Faraday Future have been laid off--without severance--and pay has been cut by 20 percent for those that remain, after renewed financial troubles over at the electric car maker.

Layoffs 113

Layoffs Los Angeles Funding Invest 113

socalTECH

DECEMBER 5, 2008

Computer game maker Activision Blizzard is apparently cutting jobs in El Segundo and Los Angeles, according to a filing with the California Employment Development Department. California requires companies to give employees at least 60 day notice of mass layoffs.

Activision 124

Activision Los Angeles El Segundo Layoffs 124

socalTECH

OCTOBER 10, 2012

In the latest cuts among Silicon Beach's high tech community, CityGrid , which runs Citysearch, Insider Pages, and Urbanspoon--has laid off a chunk of its staff, including a significant number of Los Angeles employees. The cuts come on the heels of cuts at BeachMint, ShoeDazzle, and Cooking.com. READ MORE>>.

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CitySearch Layoffs SoCalTech High Tech 217

socalTECH

SEPTEMBER 5, 2014

Los Angeles-based Nasty Gal , the online women''s wear retailer led by Sophia Amoruso, has reportedly laid off 10 percent of its staff, or over 20 employees, according to fashion industry reports. Nasty Gal said in a statement that the moves are part of a move to "strategically re-organize" its business. READ MORE>>.

Layoffs 138

Layoffs Report Los Angeles Organization 138

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

JANUARY 11, 2011

Amid rumors for weeks that Los Angeles-based MySpace has been planning massive layoffs, the firm said today that it is cutting 47 percent of its staff globally, or roughly 400 employees.

Layoffs 194

Layoffs Social Network Entertainment Los Angeles 194

socalTECH

SEPTEMBER 28, 2012

Los Angeles-based BeachMint , the online e-commerce and celebrity startup, has quietly let go of some staff this Friday, in what an insider called a "slight trim" of the firm's employee base. News of the layoffs first hit began circulating right before noon.

Layoffs 203

Layoffs Commerce News Los Angeles 203

socalTECH

MAY 23, 2012

CyberDefender had briefly been one of the fastest growing companies in the Los Angeles area in the last few years, but apparently had been unable to sustain that growth or reach profitability. one of its investors. READ MORE>>.

Layoffs 133

Layoffs Los Angeles Software Services 133

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>>.

Layoffs 159

Layoffs Google Hollywood Content 159

socalTECH

OCTOBER 4, 2012

Los Angeles-based ShoeDazzle has cut a significant amount of its staff, according to sources, saying that the company had "major layoffs" Thursday morning. ShoeDazzle's public relations firm could not comment on the report, and the company had yet to reply to requests forwarded to them at press time.

Report 185

Report Layoffs Commerce Press 185

socalTECH

DECEMBER 15, 2012

News of the layoffs first trickled out via Twitter from many of the firm's former employees. Los Angeles-based Machinima has been one of the most highly watched of a crop of local companies tackling creating and distributing content on YouTube.

Layoffs 159

Layoffs News Content Los Angeles 159

socalTECH

SEPTEMBER 18, 2013

Los Angeles-based YouTube network Machinima announced Wednesday afternoon that it has laid off 10 percent of its employees, or 22 employees out of a current staff of 206, as part of a shift in its programming plans. The company said the layoffs come as part of an "increased commitment to premium programming". READ MORE>>.

Layoffs 133

Layoffs Hollywood Venture Capital Content 133

socalTECH

NOVEMBER 6, 2014

In a major Los Angeles area layoff, daily deals and offers service LivingSocial is closing a sales facility in Torrance, and cutting 400 employees throughout the company, as part of a restructuring. livingsocial torrance layoff jobs employment daily deals restructuring marketing' READ MORE>>.

Torrance 138

Torrance Layoffs Los Angeles Sales 138

socalTECH

OCTOBER 25, 2013

Los Angeles-based Demand Media has juts cut fifteen members of the company''s research and development unit, according to a report from Variety. demand media layoff jobs employment richard rosenblatt turnover content' READ MORE>>.

Demand 153

Demand Media Report Layoffs 153

socalTECH

JUNE 3, 2013

One of those companies, Los Angeles-based SGN , is already benefiting from the turmoil over at Zynga, saying Monday afternoon that it has hired a new pool of talent from Zynga, including a number of artists, an executive, game designer, and UI/AX artist. zynga layoff jobs employment hiring videogame content game social mobile'

Layoffs 157

Layoffs Content Los Angeles Mobile 157

socalTECH

NOVEMBER 18, 2009

Electronics Arts is shutting down Los Angeles-based Pandemic Studios , according to an internal note leaked to gaming news site Kotaku. According to the note, Electronic Arts has laid off around 200 employees, and transitioned the rest to Electronic Arts' Los Angeles office. EA bought Pandemic in 2007, in a deal worth $775M.

Electronic Arts 145

Electronic Arts Layoffs News Los Angeles 145

Both Sides of the Table

SEPTEMBER 14, 2010

This is the third article in a series on what it takes to be a great angel investor (and why this should matter to entrepreneurs). But I prefer a certain naive optimism in founders but I can’t see that this extends to angel investors. Either scenario requires angel deals to be funded further. Not everybody agreed.

Invest 152

Invest Angel Venture Capital Startup 152

socalTECH

JULY 3, 2013

Los Angeles-based BeachMint , headed by Josh Berman and Diego Berdakin, has a message to the Los Angeles technology community: the company is still alive, kicking, and has the full support of its investors. beachmint executive layoff ecommerce reporting' READ MORE>>.

Report 173

Report Layoffs Los Angeles Sales 173

TechCrunch LA

MARCH 3, 2019

Tesla will pull back the curtains and unveil its Model Y crossover vehicle at an event in Los Angeles on March 14th, according to a tweet from chief executive Elon Musk. There will be some layoffs as a result. Model Y unveil event on March 14 at LA Design Studio. — Elon Musk (@elonmusk) March 3, 2019.

Design 272

Design Layoffs Pricing Los Angeles 272

socalTECH

APRIL 10, 2014

Los Angeles-based Zumbox , a startup which had been looking to store and deliver information which normally would be delivered via mail in a digital form, is shutting down its services, as of next Monday, April 14th. zumbox postal delivery mail shutdown employment jobs layoff' READ MORE>>.

Zumbox 157

Zumbox Layoffs Los Angeles Invest 157

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.

CTO Hire 197

CTO Hire Layoffs Commerce Email 197

TechCrunch LA

APRIL 6, 2020

As part of the program, up to 30-minute rides will be free for members of critical workforces through April 30 in Austin, Denver, Los Angeles, the Washington D.C. Spin, which began offering this on April 1, is making this available in Baltimore, Denver, Detroit, Los Angeles, Portland, San Francisco, Tampa and Washington, D.C.

Layoffs 136

Layoffs Startup Newsletter Santa Monica 136

socalTECH

SEPTEMBER 15, 2014

boulder electric vehicles shutdown angeles cleantech truck auto transportation layoff' Boulder Electric Vehicles had been developing medium- and light-duty electric trucks, aimed at the corporate and municial market READ MORE>>.

Chatsworth 138

Chatsworth Layoffs News Report 138

socalTECH

JUNE 3, 2013

Those cuts have resulted in the shutdown of Zynga''s Los Angeles office. zynga cuts layoffs employment jobs angeles content videogame video mobile social' San Francisco-based Zynga has detailed the cuts at the company, saying it has laid off approximately 520 employees, or 18 percent of its global workforce. 39 million to $28.5

Layoffs 138

Layoffs .Net Content Los Angeles 138

socalTECH

DECEMBER 4, 2014

Los Angeles-based 3D movie project technology developer RealD said this morning that it has cut its headcount, and will be downsizing its facilities, as part of a expense reduction move. reald layoff jobs employment hollywood movie projection theater' READ MORE>>.

Layoffs 147

Layoffs Hollywood Research Los Angeles 147

socalTECH

FEBRUARY 26, 2009

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.

Report 124

Report Layoffs Hollywood Entertainment 124

socalTECH

JULY 30, 2012

Los Angeles-based digital media publisher BUZZMEDIA is wasting no time reshaping SPIN Magazine , the venerable music and culture publication it acquired earlier this month, and is reportedly already cleaning house.

Layoffs 124

Layoffs Entertainment Report Los Angeles 124

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. The layoffs occurred yesterday, when employees were notified of the move. The firm continues to have operations in Los Angeles and San Diego.

Veoh 124

Veoh Layoffs San Diego SoCalTech 124

socalTECH

MAY 7, 2009

Los Angeles-based 60Frames , an online entertainment studio developing professionally produced, online content, has reportedly shut down , according to The Hollywood Reporter. Tags: 60frames online entertainment content hollywood studio layoff shutdown. 60Frames had raised $3.5M 60Frames had raised $3.5M READ MORE>>.

Layoffs 113

Layoffs Hollywood Entertainment Incubator 113

socalTECH

MARCH 7, 2013

The celebrity-driven e-commerce firm, which is based in Los Angeles, hit a rough patch last year with a major layoff, and even as recently as this week has been in the midst of reorganizing and restructuring its operations, streamlining operations, and letting go of people that haven't been a match to the company.

Layoffs 153

Layoffs Commerce Los Angeles Organization 153

socalTECH

MARCH 20, 2019

Los Angeles-based electric car maker Faraday Future , in a bid to stay afloat, has sold off its headquarters to a real estate investor, according to a report on Wednesday. The report says Faraday Future is leasing back the headquarters, which it sold to real estate investor Atlas Capital, for around $10M. READ MORE>>.

Report 113

Report Layoffs Los Angeles Capital 113

socalTECH

MARCH 1, 2019

A new report says that there are now a total of 11 lawsuits filed against troubled Los Angeles-based electric car maker Faraday Future , as it struggles to restart its operations after massive layoffs after its main investor, Evergrande Health, pulled its support from the firm.

Report 113

Report Layoffs Los Angeles Funding 113

socalTECH

OCTOBER 30, 2018

Troubled, Los Angeles-based electric vehicle startup Faraday Future has lost a key electric vehicle designer, among a number of layoffs at the company over the last few weeks, according to a report.

Design 113

Design Report Layoffs Los Angeles 113

socalTECH

MAY 15, 2020

Syndio's headquarters are in Seattle, but co-founder and Chief Data Scientist Zev Eigen is based in Los Angeles. Syndio's software is used to analyze employee compensation in real time, determining how hiring, promotion, layoffs, and other factors change pay equity. The company's CEO is Maria Colacurcio.

Layoffs 113

Layoffs Equity Los Angeles Software 113

socalTECH

FEBRUARY 23, 2015

Los Angeles-based YouTube network Machinima revealed last week that it has raised $24M in a funding round from Warner Bros., investment employment jobs layoff warner capital venture machinima' along with Redpoint Ventures, MK Capital, Coffin Capital and Allen DeBevoise. READ MORE>>.

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Layoffs Redpoint Hollywood Report 100