Angel Layoffs Sites Social Network 
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. READ MORE>>.
socalTECH
SEPTEMBER 29, 2008
Los Angeles-based Uber, the online social networking web site run by former Friendster CEO Scott Sassa, has shut down. According to the firm's web site, as of September 29, the firm's investors have decided to stop supporting the site, and the company has closed its doors. READ MORE>>
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