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Machinima Lays Off 42

socalTECH

Los Angeles-based online content developer Machinima said Thursday that it has laid off 42 people at the company, all from its sales force, as the company continues to struggle with low ad rates and the large chunk of revenues that are claimed by Google from multi-channel networks. READ MORE>>.

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Silicon Beach Report May 4: Google Partners with Fandango

L.A. Business Journal

Google partners with Fandango; Layoffs at Uproxx Media Group; lawmakers call for diversity in tech.

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Google Confirms Motorola Mobility 4000 Layoffs

Tech Zulu Event

Google has confirmed the firing of 20 percent of Motorola Mobility employees. According to Google’s SEC filing on the 3rd this month and signed on the 13th 2012 Google will go ahead with and reduce the motorola unit’s 20,000 employees by 4,000 with two thirds of the cut in the US. Google will however feel the layoffs.

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Aptera Loses Founders

socalTECH

Aptera, which is building lightweight, composite electric and plug-in hybrid vehicles, is funded by Idealab and Google, among others. Wired said that Fambro and Anthony were ousted in a confrontation with the company's board, and come after recent layoffs at the firm. Photo: Aptera's Typ-1 and co-founder Steve Fambro in better times).

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Disney Cancels Tech Layoffs In Burbank

socalTECH

Large companies, such as Microsoft and Google, have long been a proponent of the programs, which make it easier for them to fill many open positions; however, critics point out that outsourcing companies represent the biggest number of companies who are using the H-1B.

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Aptera Delays Vehicle

socalTECH

Aptera is venture backed by Google and Idealab. Tags: aptera venture capital layoff employment jobs electric green automobile auto. In the statement, Aptera said it will begin volume production when it receives private funding or if it can secure financing through the Department of Energy's Advanced Technology Vehicle loan program.

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Save Your Spin for Someone Who Cares

Both Sides of the Table

He had 2 weeks’ cash left in the bank and was facing massive layoffs or potentially bankruptcy. Press coverage helps you to recruit team members, it helps add legitimacy to your customers who often do Google searches on you before buying and it helps influence biz dev (partners), corp dev (acquirers) and investors.