socalTECH

FEBRUARY 1, 2012

Calabasas-based videogame developer THQ has reportedly cut 170 of its employees, according to reports Wednesday. According to reports on gaming sites, the cuts are expected to be announced along with THQ's earnings tomorrow. The report of the cuts apparently came via gaming insider Kevin Dent.

THQ 124

THQ Report Layoffs Calabasas 124

socalTECH

NOVEMBER 14, 2017

The bankruptcy follows a layoff of all of the company's employees in July , when it said it was unable to raise money to further fund its spacecraft development efforts. At the time of the layoffs, it said it would be continuing to look for funding.

Layoffs 113

Layoffs Southern California Email Report 113

socalTECH

SEPTEMBER 15, 2016

Sony has cut more than 50 employees in San Diego, at its Sony San Diego Studio , which develops videogames such as Kill Strain and MLB. According to reports , the layoffs are part of a wider cut in its videogaming operations which also included workers in London. READ MORE>>.

San Diego 100

San Diego Layoffs Report Develop 100

socalTECH

MARCH 8, 2018

Venice, California-based social networking app developer Snap Inc. has laid off more than 120 engineers, according to reports based on internal emails being circulated from the company, saying it had cut its "lowest performing" engineers in recent job reviews. The layoffs represent around 10 percent of Snap's engineering team.

Layoffs 124

Layoffs Social Network Venice Report 124

socalTECH

APRIL 20, 2020

Costa Mesa-based artificial intelligence software developer Veritone --which is publicly traded on the NASDAQ as VERI--reported that it has received a total of $6.5M The company said the loans, from Sunwest Bank, will allow it to continue operations without salary reductions, layoffs, or furloughs.

Artificial Inteligence 113

Artificial Inteligence Layoffs .Net Software Development 113

socalTECH

DECEMBER 12, 2012

It looks like Southern California's emerging electric automobile industry has definitively hit the skids, as Santa Monica-based electric auto developer Coda Automotive laid off 50 employees Tuesday. The layoffs--first reported by PlugInCars--apprently included a "substantial part" of its sales and marketing staff.

Layoffs 157

Layoffs Southern California Santa Monica News 157

socalTECH

MARCH 17, 2017

Simi Valley-based Qualstar , the developer of data storage and high efficiency power supplies, says it continues to look at "strategic options" for the business, as it reported yet another quarter of declining revenues. The company reported a net loss of $1.2 According to Qualstar, it had a loss of $0.4 READ MORE>>.

Layoffs 113

Layoffs .Net Report Competition 113

socalTECH

SEPTEMBER 15, 2014

Boulder Electric Vehicles , a startup developing electric powered has shut down its production facility in Chatsworth, as the company looks for a buyer. The move was originally reported by The Daily News. boulder electric vehicles shutdown angeles cleantech truck auto transportation layoff'

Chatsworth 138

Chatsworth Layoffs News Report 138

socalTECH

FEBRUARY 5, 2019

Machinima , which had been the poster child for Southern California's multi-channel-network (MCN) boom, has laid off most of its employees and ceased its operations , according to reports. in 2016, in a deal then reported as worth less than $100M. Machinima had been acquired by Warner Bros.

Report 127

Report Southern California Media Content 127

socalTECH

AUGUST 29, 2013

Size of the layoffs have not been announced. The layoffs, which were first reported by GameSpot, also affected Sony Online Entertainment''s Austin operations. sony online entertainment jobs employment diego mmorpg videogame development' READ MORE>>.

San Diego 147

San Diego Layoffs Entertainment Report 147

socalTECH

APRIL 18, 2012

Agoura Hills-based THQ , the embattled videogame maker, is finally seeing some good news, reporting today that it is expecting to report non-GAAP net sales of $160 million to $170 million, above its previous outlook of $130 million to $150 million.

THQ 124

THQ Agoura Hills Layoffs Agoura 124

socalTECH

APRIL 5, 2013

The move was first reported by the U-T San Diego. Amylin Pharmaceuticals as a developer of diabetes drugs. amylin pharmaceuticals diego biotech lifescienec employee jobs layoff' READ MORE>>.

San Diego 153

San Diego Layoffs News Acquisition 153

socalTECH

DECEMBER 11, 2009

San Diego-based Verari Systems , a developer of blade server technology, has shut down, according to publication InsideHPC. Tags: verari systems blade server shutdown employment jobs layoff. According to InsideHPC, Verari Systems shut down due to lack of access to capital. READ MORE>>. READ MORE>>.

Layoffs 133

Layoffs Technical Review San Diego Report 133

TechCrunch LA

MARCH 3, 2019

The stores that remain, in high-traffic locations, will be turned into information centers, Musk said on a call with reporters. There will be some layoffs as a result. Tesla also has two other models that are waiting in the wings — the Roadster and the Tesla Semi, which are both under development.

Design 272

Design Pricing Layoffs Los Angeles 272

socalTECH

JANUARY 14, 2011

LSI Corporation , a developer of data storage products, has cut a product line it had been developing in Southern California, resulting in the layoffs of employees in Irvine and Westlake Village, as well as Israel and Silicon Valley. Sources close to LSI confirmed the layoffs.

Southern California 145

Southern California Westlake Village Layoffs Report 145

socalTECH

NOVEMBER 19, 2012

Wind turbine manufacturer Clipper Windpower is getting set to cut nearly 200 workers and shut its Carpinteria headquarters, according to a report from the Pacific Coast Business Times.

Report 147

Report Equity Santa Barbara Develop 147

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>>.

THQ 145

THQ Agoura Hills Layoffs Agoura 145

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.

Mahalo 133

Mahalo Report Santa Monica Google 133

TechCrunch LA

OCTOBER 19, 2019

It echoes the same message from Kik’s chief executive Tim Livingston last week when he rebuffed earlier reports that the company would shut down amid an ongoing battle with the U.S. 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 Layoffs 153

socalTECH

MAY 7, 2009

Los Angeles-based 60Frames , an online entertainment studio developing professionally produced, online content, has reportedly shut down , according to The Hollywood Reporter. Tags: 60frames online entertainment content hollywood studio layoff shutdown. 60Frames had raised $3.5M 60Frames had raised $3.5M READ MORE>>.

Layoffs 113

Layoffs Hollywood Entertainment Incubator 113

socalTECH

MARCH 3, 2010

San Diego-based La Jolla Pharmaceuticals , the failed biopharmaceuticals firm which was previously developing treating lupus renal disease, reported today that it has received notification from the Nasdaq that it will be delisted from the market as of Thursday.

Layoffs 157

Layoffs San Diego Report Marketing 157

socalTECH

MAY 31, 2012

A major supplier to Anaheim-based Fisker Automotive looks to be in severe trouble, linked to issues uncovered in March by Fisker when one of that company's automobiles failed during testing with Consumer Reports. READ MORE>>.

Layoffs 124

Layoffs .Net Report Funding 124

socalTECH

JANUARY 14, 2010

Calabasas-based Ixia , a developer of network testing tools and software, is reporting this morning that it has implemented a "cost reduction initiative" and cut 80 positions from the firm, in what it said was primarily an elimination of duplicate resources from the company's October acquisition of Agilent's N2X product line.

Layoffs 133

Layoffs Calabasas Resource Tool 133

socalTECH

JUNE 10, 2009

Calabasas-based Ixia reported this morning that the firm is cutting its staff by 75 to 80 positions, or 9 to 10 percent of its work force, as part of a restructuring initiative. Ixia is a developer of networking test software and hardware. Tags: ixia employment jobs layoff networking hardware. READ MORE>>.

Layoffs 100

Layoffs Calabasas Networking Report 100

socalTECH

FEBRUARY 13, 2019

Santa Monica-based game developer Activision Blizzard says it is slashing 8 percent of its staff, or nearly 800 employees, as a part of a restructuring effort at the company. The move comes even as Activions Blizzard reported record net revenues in 2018 of $7.50 bllion, up from the $7.02 billion it had in revenues for 2017.

Activision 113

Activision Santa Monica .Net Course 113

Both Sides of the Table

JANUARY 26, 2013

The problem is that this is publicly available information that can and will be scanned by journalists and reported. I’m only reporting to you that many people do in fact delay their filing and I’ve spoken with lawyers about how to do this in a way that they feel is kosher. When you file, you must be prepared.

Startup 355

Startup Funding News Press 355

socalTECH

MARCH 27, 2013

The slow motion train wreck which seems to be playing out at Anaheim-based hybrid auto developer Fisker Automotive continued late Wednesday, as the car manufacturer furloughed its U.S. workforce, according to a report. Fisker has faced a string of bad news, most recently the departure of co-founder Henrik Fisker earlier this month.

Report 147

Report Training News Product 147

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. The report said between 25 and 30 employees, out of approximately 40, were laid off from the firm on Monday.

Culver City 138

Culver City Product Content Report 138

Xconomy

OCTOBER 7, 2016

—The Institute for Clinical and Economic Review (ICER), whose drug-value analyses set the pharma industry’s teeth on edge , issued a new report on PD-1 inhibitors , part of the first wave of cancer immunotherapy drugs to be approved. . —The Nobel in Chemistry went to three scientists, in France, the Netherlands, and the U.S.,

Technical Review 77

Technical Review Study Layoffs San Diego 77

socalTECH

JULY 30, 2012

Intuit , the developer of personal finance and tax software, is making major cuts in San Diego, according to a report from the San Diego Union Tribune. The report said that 134 of 226 workers company wide were from the division, with a large portion of those in San Diego.

San Diego 124

San Diego Report Software Develop 124

Xconomy

JULY 1, 2016

If you want fireworks this weekend, you can either celebrate the 4th of July or watch the latest post-Brexit political developments in Britain. But as Xconomy reported, details about the reorganization were scant, leaving open questions whether drug regulation actually needs to move faster.

Buzzfeed 59

Buzzfeed News Pricing Report 59

Xconomy

JULY 1, 2016

Layoffs Reflect New Turbulence at High-Flying 3D Robotics. Frank Vinluan reports from North Carolina on a new effort to boost agtech startups and university research. The Xconversation: Vaccine Developer Meets Energy Innovator. Time to look back on the past six months—and some of the top stories of the year so far.

Artificial Inteligence 40

Artificial Inteligence Layoffs Report Startup 40

socalTECH

NOVEMBER 5, 2008

Agoura Hills-based video game maker THQ said late Wednesday that it is cutting 250 employees, or 17% of its staff, after reporting disappointing results. The firm said it is cancelling several titles under development, closing five studios, and reducing approximately 250 people and streamlining its corporate organization.

THQ 100

THQ Agoura Hills Agoura Sales 100

Xconomy

JULY 15, 2016

The company began a Phase 1 trial last year for an irritable bowel disease treatment…Gene therapy developer Audentes Therapeutics said it would try for a $75 million IPO …Scarsdale, NY-based Sapience Therapeutics raised a $22.5 —Enough good trial news. million in funding, according to a regulatory filing. . —With $1.25

News 40

News Technical Review San Diego Startup 40