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Demand Media Cuts 15, Says Report

socalTECH

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>>.

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Musk Ends Remote Work At Twitter, Demands 40 Plus Hours At Office

socalTECH

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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Qualcomm Confirms FLO TV Shutdown Plans, Layoffs

socalTECH

Qualcomm said that--if it shuts down the service--it will make "appropriate refunds" and would order some layoffs related to the shutdown. Qualcomm said that--if it shuts down the service--it will make "appropriate refunds" and would order some layoffs related to the shutdown. READ MORE>>.

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Demand Media Sees Steep Drop In Content Revenues, Cuts Staff

socalTECH

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 in revenues from its Content & Media segments, compared with $33.6M in the same quarter in 2014. The company reported a total, Q3 revenue of $28.5M.

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10 Strategies For Success Long-Term As Well As Today

Startup Professionals Musings

Even a million users on your social media site won’t pay the bills until you sell some advertising or a premium service. 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.

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Mahalo Chops Headcount, Says Report

socalTECH

It appears that Google's changes have hit Mahalo much worse than neighboring Santa Monica content publisher Demand Media , which said last week the change did not have a "material impact" on its Content and Media business. The move also includes a suspension of Mahalo's Guides program, which solicited content from freelancers.

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Western Digital Axes 2,500

socalTECH

Lake Forest-based Western Digital announced this morning that it is cutting 2,500 employees, or five percent of the firm's workforce, as it sees softer demand for the firm's hard disk drives. According to the firm, demand for its products in the December quarter is "significantly below" the firm's expectations.