socalTECH

FEBRUARY 28, 2014

San Diego-based cybersecurity developer Websense announced Friday that it is officially moving its headquarters to Austin, Texas, and moving 470 jobs to the city. websense jobs employment texas layoff' Vista Equity owns Websense, along with Omnitracs, which is also moving to Texas. READ MORE>>.

San Diego 170

San Diego Layoffs Equity Activity 170

socalTECH

JUNE 8, 2017

San Diego-based Inseego , the developer of the MiFi wireless hotspots, has aborted its plans to sell off its MiFi division to Chinese company TCL Industries Holdings (H.K.) Limited , and has embarked on a massive restructuring of the company.

Sales 113

Sales Technical Review San Diego Acquisition 113

socalTECH

MAY 13, 2010

Storage hardware developer Adaptec is shutting down its Lake Forest, Orange County site, according to sources close to the company. Adaptec moved into Lake Forest in August of 2008, when it acquired Aristos Logic , a developer of RAID chips and technology. Tags: adaptec jobs layoff employment orange county lake forest.

Orange County 154

Orange County Sites Layoffs Patents 154

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>>.

THQ 100

THQ Agoura Hills Layoffs Agoura 100

socalTECH

APRIL 23, 2009

San Diego-based Sequenom , a developer of genetic analysis equipment, announced late Thursday that the firm has cut approximately 30 employees as part of a cost cutting measure. According to the firm, the cuts were a result of a "continuing weak outlook in 2009" for sales of its equipment, particularly in the U.S.

Layoffs 133

Layoffs San Diego Sales Develop 133

socalTECH

APRIL 16, 2009

TorreyPines said that Merriman Curhan Ford will help the firm assist in evaluating "strategic options," including sale of the company or its assets. The hiring of the bank follows the layoff of most of the firm's employees earlier this month.

Invest 100

Invest Layoffs Sales Help 100

socalTECH

APRIL 16, 2009

TorreyPines said that Merriman Curhan Ford will help the firm assist in evaluating "strategic options," including sale of the company or its assets. The hiring of the bank follows the layoff of most of the firm's employees earlier this month.

Layoffs 100

Layoffs Sales Invest Help 100

socalTECH

DECEMBER 19, 2016

San Diego-based residential solar power installer OneRoof Energy said late Friday that it has "significantlyr educed" its work force, and has begun winding down its operations, after it said it was unable to secure financing necessary to continue sales, marketing, and development.

San Diego 100

San Diego Education Sales Capital 100

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.

Demand 100

Demand Sales Develop Development 100

socalTECH

DECEMBER 12, 2011

Agoura Hills-based THQ , the developer of videogames, has cut 30 of its staff, due to poor performance of its uDraw tablet for the Wii, Xbox 360, and PS3. The cuts were due to "weaker than expected" sales of the gaming accessory. READ MORE>>.

THQ 140

THQ Agoura Hills Agoura Sales 140

socalTECH

DECEMBER 19, 2011

San Diego-based Somaxon Pharmaceuticals , a developer of sleep medication, said today that it has cut 60 percent of its non-field based employees, and has hired a financial advisor to help sell the company. The firm said it has hired Stifel Nicolaus Weisel to help in "strategic alternatives", and cut its staff to minimize its cash burn rate.

San Diego 133

San Diego Sales Help Product 133

socalTECH

AUGUST 2, 2011

Los Angeles-based CyberDefender , the developer of Internet security software and remote technical support, said Tuesday that Chairman and CEO Gary Guseinov has resigned. As part of the shuffle, the firm said it will focus on its LiveTech service offering, and discontinue development of proprietary software intended for sale to consumers.

Technical Support 100

Technical Support Software Software Development Los Angeles 100

socalTECH

NOVEMBER 5, 2008

The firm said it is cancelling several titles under development, closing five studios, and reducing approximately 250 people and streamlining its corporate organization. THQ blamed lower-than-anticipated international sales of WALL-E, and higher than expected sales returns and allowances. READ MORE>>

THQ 100

THQ Agoura Hills Agoura Sales 100

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. Shares were down nearly 8 percent in aftermarket trading… Boehringer Ingelheim said it would lay off 724 jobs , mainly in sales, across the U.S., This week, UPenn revealed more details.

Buzzfeed 59

Buzzfeed News Pricing IBM 59

socalTECH

SEPTEMBER 18, 2008

The company also said it is looking to divest it infrastructure business units in the new term, and hired an investment banker to manage the sale. In a related move, the company said that it has engaged the services of Lazard to help the firm develop and implements its business divsestiture strategy. READ MORE>>

San Diego 100

San Diego Invest Sales Funding 100

Xconomy

JULY 15, 2016

.” —Company funding news: Tesaro (NASDAQ: TSRO ) of Waltham, MA, said it took advantage of positive Phase 3 data to raise $409 million in a secondary stock sale…Protagonist Therapeutics, based in Milpitas, CA, has filed for a $75 million initial public offering. million in funding, according to a regulatory filing.

News 40

News Technical Review San Diego Startup 40