socalTECH

MARCH 8, 2018

Venice, California-based social networking app developer Snap Inc. has laid off more than 120 engineers, according to reports based on internal emails being circulated from the company, saying it had cut its "lowest performing" engineers in recent job reviews. The layoffs represent around 10 percent of Snap's engineering team.

Layoffs 124

Layoffs Social Network Venice Report 124

socalTECH

FEBRUARY 5, 2019

Machinima , which had been the poster child for Southern California's multi-channel-network (MCN) boom, has laid off most of its employees and ceased its operations , according to reports. in 2016, in a deal then reported as worth less than $100M. Machinima had been acquired by Warner Bros. READ MORE>>.

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Report Southern California Media Content 127

socalTECH

MARCH 17, 2017

Simi Valley-based Qualstar , the developer of data storage and high efficiency power supplies, says it continues to look at "strategic options" for the business, as it reported yet another quarter of declining revenues. The company reported a net loss of $1.2 The company reported a net loss of $1.2

Layoffs 113

Layoffs .Net Report Competition 113

socalTECH

DECEMBER 12, 2012

It looks like Southern California's emerging electric automobile industry has definitively hit the skids, as Santa Monica-based electric auto developer Coda Automotive laid off 50 employees Tuesday. The layoffs--first reported by PlugInCars--apprently included a "substantial part" of its sales and marketing staff.

Layoffs 157

Layoffs Southern California Santa Monica News 157

socalTECH

SEPTEMBER 15, 2014

Boulder Electric Vehicles , a startup developing electric powered has shut down its production facility in Chatsworth, as the company looks for a buyer. The move was originally reported by The Daily News. boulder electric vehicles shutdown angeles cleantech truck auto transportation layoff'

Chatsworth 138

Chatsworth Layoffs News Report 138

TechCrunch LA

MARCH 3, 2019

It’s the fifth new car design to come from Tesla’s shop since the company was founded in 2003. Tesla said that it would begin tooling for the Model Y later this year and that the company would be producing the vehicle at its “gigafactory” in Nevada. There will be some layoffs as a result.

Design 272

Design Layoffs Pricing Los Angeles 272

socalTECH

APRIL 5, 2013

Usually, when a company is acquired, it''s great news for investors--and employees. The move was first reported by the U-T San Diego. Amylin Pharmaceuticals as a developer of diabetes drugs. amylin pharmaceuticals diego biotech lifescienec employee jobs layoff' READ MORE>>.

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San Diego Layoffs News Acquisition 153

socalTECH

APRIL 18, 2012

Agoura Hills-based THQ , the embattled videogame maker, is finally seeing some good news, reporting today that it is expecting to report non-GAAP net sales of $160 million to $170 million, above its previous outlook of $130 million to $150 million. READ MORE>>.

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THQ Agoura Hills Layoffs Agoura 124

socalTECH

NOVEMBER 19, 2012

Wind turbine manufacturer Clipper Windpower is getting set to cut nearly 200 workers and shut its Carpinteria headquarters, according to a report from the Pacific Coast Business Times.

Report 147

Report Equity Santa Barbara Develop 147

socalTECH

JANUARY 16, 2012

Rumors have been swirling around Agoura Hills-based THQ since this weekend, when a gaming industry analyst, Peter Skerritt, reported that the videogame maker was either looking for a buyer or shutting down its videogame development efforts, cancelling its 2014 lineup. as part of an "ongoing review" of its business. READ MORE>>.

THQ 145

THQ Agoura Hills Layoffs Agoura 145

TechCrunch LA

OCTOBER 19, 2019

Popular messaging app Kik is, indeed, “here to stay” following an acquisition by the Los Angeles-based multimedia holding company, MediaLab. It echoes the same message from Kik’s chief executive Tim Livingston last week when he rebuffed earlier reports that the company would shut down amid an ongoing battle with the U.S.

Social Network 153

Social Network Los Angeles Social Media Blogging 153

socalTECH

MARCH 3, 2010

San Diego-based La Jolla Pharmaceuticals , the failed biopharmaceuticals firm which was previously developing treating lupus renal disease, reported today that it has received notification from the Nasdaq that it will be delisted from the market as of Thursday.

Layoffs 157

Layoffs San Diego Report Marketing 157

socalTECH

MAY 31, 2012

A major supplier to Anaheim-based Fisker Automotive looks to be in severe trouble, linked to issues uncovered in March by Fisker when one of that company's automobiles failed during testing with Consumer Reports. READ MORE>>.

Layoffs 124

Layoffs .Net Report Funding 124

socalTECH

JANUARY 14, 2010

Calabasas-based Ixia , a developer of network testing tools and software, is reporting this morning that it has implemented a "cost reduction initiative" and cut 80 positions from the firm, in what it said was primarily an elimination of duplicate resources from the company's October acquisition of Agilent's N2X product line.

Layoffs 133

Layoffs Calabasas Resource Tool 133

socalTECH

FEBRUARY 13, 2019

Santa Monica-based game developer Activision Blizzard says it is slashing 8 percent of its staff, or nearly 800 employees, as a part of a restructuring effort at the company. The move comes even as Activions Blizzard reported record net revenues in 2018 of $7.50 bllion, up from the $7.02 billion it had in revenues for 2017.

Activision 113

Activision Santa Monica .Net Course 113

socalTECH

JUNE 10, 2009

Calabasas-based Ixia reported this morning that the firm is cutting its staff by 75 to 80 positions, or 9 to 10 percent of its work force, as part of a restructuring initiative. According to Ixia, the moves will save the company approximately $6M. Ixia is a developer of networking test software and hardware. READ MORE>>.

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Layoffs Calabasas Networking Report 100

Both Sides of the Table

JANUARY 26, 2013

But succinctly this press places a marker in the ground for your company. Yes, you could tell them in a private internal meeting but nothing builds confidence more than their buddies all telling them, “wow, you work for a great company. But in 2013 it can also simply be, “Company X raises $2.2 But trust me on this.

Startup 355

Startup Funding News Press 355

socalTECH

JULY 30, 2012

Intuit , the developer of personal finance and tax software, is making major cuts in San Diego, according to a report from the San Diego Union Tribune. The report said that 134 of 226 workers company wide were from the division, with a large portion of those in San Diego.

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San Diego Report Software Develop 124

Xconomy

OCTOBER 7, 2016

—The Institute for Clinical and Economic Review (ICER), whose drug-value analyses set the pharma industry’s teeth on edge , issued a new report on PD-1 inhibitors , part of the first wave of cancer immunotherapy drugs to be approved. . —The Nobel in Chemistry went to three scientists, in France, the Netherlands, and the U.S.,

Technical Review 77

Technical Review Study Layoffs San Diego 77

Xconomy

JULY 1, 2016

There was plenty more biomedical news this week, from a downsized IPO to downsizing companies, while ugly sexual harassment details emerged in Seattle. If you want fireworks this weekend, you can either celebrate the 4th of July or watch the latest post-Brexit political developments in Britain.

Buzzfeed 59

Buzzfeed News Pricing IBM 59

Xconomy

JULY 1, 2016

Andrea Davis looks at company programs trying to boost the Hoosier State’s talent pool—and get more college grads to stay in the area. Layoffs Reflect New Turbulence at High-Flying 3D Robotics. Bruce Bigelow lays out the business challenges of drone companies such as 3D. and cognitive computing efforts in Austin, TX.

Artificial Inteligence 40

Artificial Inteligence Layoffs Report Startup 40

Xconomy

JULY 15, 2016

There were other goodbyes: Peter DiLaura said so long to Second Genome, the microbiome company he led for six years. —The federal group that runs Medicare and Medicaid banned Theranos CEO Elizabeth Holmes from running a lab for two years, throwing into question the viability of the company. —Enough good trial news.

News 40

News Technical Review San Diego Startup 40