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.

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Report Layoffs Los Angeles Capital 113

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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TechCrunch LA

APRIL 6, 2020

I’m your host Kirsten Korosec, senior transportation reporter at TechCrunch. ‘Micromobility winter on steroids’ That’s how RideReport CEO William Henderson described the current state of the micromobility industry in a recent interview with TechCrunch reporter Megan Rose Dickey. Other deals: Qcraft.ai

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Layoffs Startup Newsletter Santa Monica 136

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.

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CTO Hire Layoffs Commerce Email 197

Tech.Co

OCTOBER 31, 2022

A huge number of tech companies have made layoffs in 2022 , whilst others have taken advantage of video conferencing software and other remote collaboration tools to offer flexible working arrangements and retain the best talent. Survey Says: Go Your Own Way. Challenges for New Businesses.

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Layoffs Report Tool Software 142

socalTECH

OCTOBER 12, 2016

The report today, from PandoDaily, follows an earlier report from the fashion industry which said that NastyGal was seeking a buyer for the company. NastyGal--founded by Sophia Amorusa--had been facing some major headwinds over the last few years, which had resulted in Amorusa resigning as CEO and layoffs at the company.

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Report Layoffs Equity Los Angeles 100

socalTECH

FEBRUARY 23, 2015

along with Redpoint Ventures, MK Capital, Coffin Capital and Allen DeBevoise. According to reports from the Hollywood Reporter, Machinima cut 14 percent of its staff on Friday, immediately following the announcement of the new funding round from its backers. READ MORE>>.

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