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>>.
TechCrunch LA
APRIL 6, 2020
A few of the highlights include biking as one of the few bright spots, how some companies have pivoted to providing rides to healthcare workers and insights on how the industry and cities might have reacted had the pandemic occurred two years in the future. The on-demand shuttle startup raised $400 million, TechCrunch learned.
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socalTECH
NOVEMBER 10, 2022
In more continuing turmoil at Twitter, new owner Elon Musk is reportedly ending the ability to work remotely at the social media company, and is demanding employees put in "at least" 40 hours in person at the office each week. The report--from Bloomberg--said that the new rules kick in immediately.
socalTECH
MARCH 27, 2020
The on-demand scooter company said it laid off 30% of its staff, saying "Layoffs are never easy or comfortable to do" and saying that the layoffs were done as a result of the COVID-19 pandemic. Santa Monica-based Bird reportedly let 400 of its employees go on Friday, via a pre-recorded Zoom meeting, according to a report.
socalTECH
NOVEMBER 6, 2015
Santa Monica-based Demand Media is continuing to see a steep drop in revenues from its content and media efforts, reporting Thursday afternoon that it had $15.9M The company said the drop came due to traffic declines to eHow and lower ad monetization yields. The company reported a total, Q3 revenue of $28.5M. in revenues.
Berkonomics
MAY 3, 2018
Many executives and managers have made the mistake of using the financial and sales forecast to plan and execute hiring of new employees – so that they could be trained and up to speed when the demand arrives. In such instances, it is much less risky for a company to execute its plans for spending in coordination with forecast revenues.
socalTECH
JANUARY 28, 2014
According to Semtech, the job cuts came due to a "significant reduction" in demand for its products in the second half of its fiscal 2014. The company said it expects to save approximately $35.0M semtech semiconductor analog mixed signal jobs employment layoff camarillo ventura' annually via the restructuring. READ MORE>>.
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