socalTECH

MARCH 27, 2020

Santa Monica-based Bird reportedly let 400 of its employees go on Friday, via a pre-recorded Zoom meeting, according to a report. The on-demand scooter company said it laid off 30% of its staff, saying "Layoffs are never easy or comfortable to do" and saying that the layoffs were done as a result of the COVID-19 pandemic.

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Layoffs Santa Monica News Report 124

TechCrunch LA

APRIL 6, 2020

metro area, San Diego and Santa Monica. The on-demand shuttle startup raised $400 million, TechCrunch learned. There has been a real interest in emergency services,” Ramot told me, adding he expects to see more demand for the software platform and the flexibility it provides as the pandemic unfolds.

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Layoffs Startup Newsletter Santa Monica 136

socalTECH

NOVEMBER 6, 2015

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.

Demand 100

Demand Content eHow Media 100

socalTECH

MARCH 2, 2011

Santa Monica-based Mahalo , the online human-curated news and search site headed by Jason Calacanis, has cut 10 percent of its staff, according to reports. According to a report by CenterNetworks, the changes were a reaction to the search algorithm and quality changes made by Google last week. READ MORE>>.

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Mahalo Report Santa Monica Guide 133

socalTECH

JUNE 2, 2020

Santa Monica-based on-demand scooter company Bird has shut down its operations in the Middle East, according to reports, shutting down Circ, which it had acquired in January, and laid off all of its employees. Bird had only just acquired Circ in January, shortly before the world was hobbled by the pandemic.

Santa Monica 113

Santa Monica Demand Report Funding 113

socalTECH

JULY 6, 2020

Santa Monica-based on-demand scooter company Bird received a PPP bailout loan worth at least $5 million, according to a report, but laid off nearly 400 employees anyway. According to The Verge, the loan came in late April, when Bird said the loan would help it retain 341 jobs.

Report 113

Report Santa Monica Demand Help 113

socalTECH

JULY 6, 2020

Santa Monica-based on-demand scooter company Bird received a PPP bailout loan worth at least $5 million, according to a report, but laid off nearly 400 employees anyway. According to The Verge, the loan came in late April, when Bird said the loan would help it retain 341 jobs.

Report 113

Report Santa Monica Demand Help 113