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
I will repeat my appeal from last week: Maybe you’re a startup founder, a safety driver at an autonomous vehicle developer, a venture capitalist, engineer or gig economy worker. The on-demand shuttle startup raised $400 million, TechCrunch learned. A novel rewards program. These times have sparked a host of new ideas.
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socalTECH
JANUARY 16, 2009
San Diego-based Cymer, a developer of light sources used for semiconductor manufacturing, said late Thursday that the firm has laid off 100 people, or 10 percent of its personnel. The firm said that the move was because business conditions in the firm's industry have "further deteriorated" and demand has dropped for its products.
Startup Professionals Musings
AUGUST 7, 2020
Although his focus is naturally on bigger companies, I contend that his recommended strategies apply equally well to entrepreneurs and startups: Demand a mindset of deep thinking for the long term. These days, the market is moving so fast that it is rarely adequate to rely only on internal development to keep up with change.
socalTECH
AUGUST 22, 2012
El Segundo-based International Rectifier , a developer of analog and power ICs, said Wednesday that it is shutting its El Segundo, California fabrication facility, and laying off staff. The firm blamed weak demand in its markets for the move, which came after it its results showed a 15 percent decrease in year-to-year, fourth quarter results.
socalTECH
JULY 16, 2015
Camarillo-based analog and mixed signal semiconductor developer Semtech said late Wednesday that it has cut its employee base by eight percent, as it looks to adjust to a decline in its revenues due to weak, Korean smartphone demand. Semtech said that the cuts mostly come from sales, general, and administrative expenses.
socalTECH
MARCH 2, 2011
Citing an email sent to Mahalo's "Guides", who develop content for Mahalo, the report said that, so far, the Google changes have led to a "significant dip" in traffic and revenues. The move also includes a suspension of Mahalo's Guides program, which solicited content from freelancers. READ MORE>>.
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