Companies Demand Layoffs Report 
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. According to the report , the cuts included Chief Innovation Officer Byron Reese, and were a result of the abrupt resignation of CEO Richard Rosenblatt last week. READ MORE>>.
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.
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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. A novel rewards program.
socalTECH
MARCH 27, 2020
Santa Monica-based Bird reportedly let 400 of its employees go on Friday, via a pre-recorded Zoom meeting, according to a report. 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.
socalTECH
JULY 6, 2020
Santa Monica-based on-demand scooter company Bird received a PPP bailout loan worth at least $5 million, according to a report, but laid off nearly 400 employees anyway. According to the report, Bird claims it was "erroneously listed" in the list of companies put out by the Treasury Department today.
socalTECH
JULY 6, 2020
Santa Monica-based on-demand scooter company Bird received a PPP bailout loan worth at least $5 million, according to a report, but laid off nearly 400 employees anyway. According to the report, Bird claims it was "erroneously listed" in the list of companies put out by the Treasury Department today.
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.
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