socalTECH

APRIL 18, 2012

The unexpectedly higher results are welcome news at the videogame maker, which has been in the throes of layoffs and restructuring since last year.

THQ 124

THQ Agoura Hills Layoffs Agoura 124

socalTECH

OCTOBER 16, 2018

Virtual reality studio and content producer Jaunt --which has a virtual reality content development effort in Los Angeles--said on Monday that it is "winding down" a number of its virtual reality products and content services, and switching its focus to augmented reality.

Content 113

Content Blogging Los Angeles Media 113

socalTECH

FEBRUARY 4, 2009

Agoura Hills-based THQ , a developer and publisher of video games, said Wednesday that it is making "additional cost reduction actions" which includes the layoff of approximately 600 people, or 24 percent of the company's workforce. Tags: employment jobs layoff video content game. READ MORE>>.

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THQ Agoura Hills Layoffs Agoura 100

socalTECH

JANUARY 30, 2009

Calabasas-based THQ , which develops computer game titles, is closing its San Diego, UK, and Germany offices, and has laid off 100 employees, according to an email to employees from CEO Brian Farrell. Tags: jobs employment layoff content games wireless. The move is part of a restructuring of the firm's THQ Wireless operations.

THQ 100

THQ San Diego Layoffs Calabasas 100

socalTECH

FEBRUARY 2, 2012

The layoffs come after the firm missed Wall Street estimates, with revenues of $404.4M. THQ said the cuts would save the firm approximately $160M annually between general and administrative costs and product development. THQ also cut the salary of President and CEO, Brian J.

THQ 124

THQ Layoffs Agoura Organization 124

socalTECH

FEBRUARY 1, 2012

Calabasas-based videogame developer THQ has reportedly cut 170 of its employees, according to reports Wednesday. If true, the layoffs would not be a surprise for the firm, which said just last week that it would be paring its efforts in kids games, completely exiting the area to focus instead on its core gamers.

THQ 124

THQ Report Layoffs Calabasas 124

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>>.

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THQ Agoura Hills Layoffs Agoura 145

TechCrunch LA

OCTOBER 19, 2019

MediaLab said it has “some ideas” for developing Kik going forwards, including making the app faster and reducing the amount of unwanted messages and spam bots. In 2017, TechCrunch reported that Whisper underwent significant layoffs to stave off collapse and put the company on a path to profitability.

Social Network 153

Social Network Los Angeles Social Media Blogging 153

socalTECH

FEBRUARY 5, 2019

Machinima first started developing its gaming-related content back around 2008, and helped usher in a healthy investment market for multi-channel-networks, companies which aggregated multiple YouTube creators and channels into a single media company. Machinima had been acquired by Warner Bros.

Report 127

Report Southern California Media Content 127

socalTECH

JULY 2, 2012

Battered videogame developer THQ , which has been suffering from a downturn in its business, said today that it is planning a 1-for-10 reverse stock split, in order to raise its per share trading price so that it will regain compliance with a $1.00 per share, minimum bid price required by the NASDAQ Global Select Market. READ MORE>>.

THQ 124

THQ Layoffs Pricing Marketing 124

Both Sides of the Table

FEBRUARY 25, 2019

I work hard to create working relationships with my fellow non-management board members in the same way that every investor ultimately works to develop strong working relationships with founders. Should we cut costs, do layoffs, close divisions and focus scare resources on fewer projects? The founders of a company are fighting.

Startup 269

Startup Venture Capital Layoffs Resource 269

socalTECH

NOVEMBER 29, 2012

Culver City-based Fourth Wall Studios , a developer of interactive content backed by LA billionaire Patrick Soon-Shiong, has laid off the majority of its staff, and stopped production, according to a report from the LA Times.

Culver City 138

Culver City Product Content Report 138

socalTECH

MARCH 2, 2011

Google said last week that it had made significant changes to its algorithm to downgrade what it considered low-quality pages, which was expected to hit "content farms". The move also includes a suspension of Mahalo's Guides program, which solicited content from freelancers. READ MORE>>.

Mahalo 133

Mahalo Report Santa Monica Guide 133

socalTECH

SEPTEMBER 29, 2008

Uber developed software used to upload, organize, and share content through a free web site; the site also provided photo galleries, slide shows, videos, and blogs. According to the firm's web site, as of September 29, the firm's investors have decided to stop supporting the site, and the company has closed its doors. READ MORE>>

Slides 100

Slides Social Network Web Blogging 100

socalTECH

JANUARY 15, 2009

The exciting this, and the biggest benefit from bootstrapping this from recruiting, is I've been able to develop, and hand-pick a world class technology team. It was developed from a different angle. Josh Stomel: We're seeing more and more layoffs every day. We've used the profits from NeoHire for funding.

Startup 140

Startup Yahoo Sites Oversee.net 140

socalTECH

DECEMBER 16, 2008

Midway Games, a Chicago-based video games developer, announced Tuesday afternoon that it has cut 25 percent of its staff, in a move that also affects the firm's San Diego locations. Number of San Diego employees affected by the move was not disclosed.

San Diego 100

San Diego Develop Development Layoffs 100

Both Sides of the Table

APRIL 25, 2010

By the next day I usually try to clean up some of the typos but usually try to leave the content intact. I’ve already covered some such as changing geographies, going through layoffs, changing career direction, etc. He talks about why he’s not bothered about job hoppers when it comes to hiring developers.

Startup 285

Startup Writing Layoffs Help 285