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Qualstar Continues To Look At Strategic Options

socalTECH

The company says it has been seeing competition in the data storage industry which has "create pressure" on maintaining market share, saying that "market headwinds" have been challenging the company. The company reported a net loss of $1.2 million for the year, on revenues of $9.4M.

Layoffs 113
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Three questions to answer about your COVID response

Berkonomics

Raising money during this crisis will be almost impossible, even from friends and family shocked by the stock market declines. Do you still need marketing costs when there is no-one out there buying new product? FINANCIAL: Do you have twelve to eighteen months of cash to cover your “burn rate” now and as you recover?

Layoffs 218
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7 Reasons That Worker Empowerment Rules The Workplace

Startup Professionals Musings

Millions have bowed out of the labor market. Many of these retired from the labor market. Layoffs from bellwethers make headlines and scare us, but these are now mostly behind us. For office jobs, most of us have heard the new strong preference for working from home versus commuting to the office every day.

Layoffs 113
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10 Strategies For Success Long-Term As Well As Today

Startup Professionals Musings

Strategic threats, including new competitors, market changes, and environmental issues need deeper analysis and full resolution, before they jeopardize your business survival. It’s your job as a leader to be the model high performer, quantify the team view with metrics, and expand awareness to the best outside competition and new tools.

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High Functioning vs. Low Functioning Startup Boards

Both Sides of the Table

Here are some observations I have from this exposure: If a company moves from strength-to-strength with predictable outcomes, easy financings, low staff turn-over, limited competitive threats then the composition of the board probably doesn’t matter as much.

Startup 269
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6 Keys To Growing Your Career Through The Gig Economy

Startup Professionals Musings

To me, that means treating your career more like a business than a job – with a continual and global focus on keeping up with competition, finding customers, preparing for changes ahead, and taking responsibility for your own finances. Market your business expertise. Don’t wait for your next company layoff to get you started.

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3D Robotics Shuts San Diego Office

socalTECH

Drone maker 3D Robotics , the high profile, consumer drone maker, has closed its San Diego offices and is now refocusing on the enterprise market, according to a number of reports. The move reportedly comes due to a slowdown at the Berkeley-based drone maker, due to intense competition from Chinese drone makers DJI.

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