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The startup offered up web-based apps to help artists and labels reach their fans. Topspin did not detail the reason for the layoffs, or how many employees were affected by the move. topspin music media layoff jobs employment software' Topspin is venture backed by Foundry Group and Redpoint Ventures. READ MORE>>.
Los Angeles-based ShoeDazzle has cut a significant amount of its staff, according to sources, saying that the company had "major layoffs" Thursday morning. ShoeDazzle's public relations firm could not comment on the report, and the company had yet to reply to requests forwarded to them at press time. READ MORE>>.
Aliso Viejo-based storage and networking products firm QLogic said Tuesday that it has cut its workforce as part of a restructuring plan, which it says will help it drive long term profitable growth. Size of the cuts wre not announced ,however, QLogic said it expects the cuts will help it save approximately $20M in cash annually.
To help the throngs who now or will soon find themselves without a job to report to, here are 7 tips to help the currently and impending unemployed persevere through - and even make the most of - this difficult time: 1. Tags: jobs employment layoff opinions insights. Consider going solo.
Weestlake Village-based data storage and high efficiency power supply maker Qualstar said Wednesday that it is looking at "strategic alternatives", including "mergers, acquisitions and divestures", and also will make "personnel adjustments" to help it reduce operating expenses.
The celebrity-driven e-commerce firm, which is based in Los Angeles, hit a rough patch last year with a major layoff, and even as recently as this week has been in the midst of reorganizing and restructuring its operations, streamlining operations, and letting go of people that haven't been a match to the company.
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.
But that good news will not help you if you run out of money during the time it takes for these to happen. Act boldly to address painful layoffs, reductions in salaries, cuts in trade shows already contracted (even if cancelled or reset to the fall months.) Everything will recover. Stocks will climb again.
Help encourage him not to. ” That way you aren’t hitting him up on an important topic when he might be stressed out about company layoffs, fund raising or some other major stress at work. That only makes it 15% less annoying, but it helps a bit. Hope that helps. Downtime is critical to de-stressing.
It makes it easier to persuade others to join you, it alerts other angels & VCs that you’re a company to be on their radar screen, it helps potential customers know that you may be worth doing business with and it builds you up to announce other milestones down the line. They help create confidence amongst your staff in your future.
Syndio , a developer of software being used by companies to help fix pay inequities in the workplace--and whose co-founder is based in LA--has raised $7.5M Syndio's software is used to analyze employee compensation in real time, determining how hiring, promotion, layoffs, and other factors change pay equity. in a Series A funding.
The company said the loans, from Sunwest Bank, will allow it to continue operations without salary reductions, layoffs, or furloughs. 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 READ MORE>>.
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.
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.
better yet, they’ve said, &# help me understand what we could improve so you’d be happier staying&#. So you have more experience in helping to manage the process. Trust me, if they were doing layoffs they wouldn’t keep you an extra month just to be nice. Please let me know how to best help. Don’t.
Along with my partner Stuart Lander, who runs operations at Upfront and is a former lawyer, we have scoured through, debated and helped scores of companies make this determination. The government believes that it not only is better keeping employees in jobs where possible but also in helping these businesses remain solvent. It depends.
In the best cases boards come together to help the company get through its trough?—?in Should we cut costs, do layoffs, close divisions and focus scare resources on fewer projects? Can we help them get along? cash & unallocated stock options) Should we raise capital, from whom, how much and at what price?
The firm said its Q4 was "a record quarter" for the firm, which provides software-as-a-service tools for helping business teams manage projects and work. Garcia said that with the economic downturn and layoffs, he suspects there's been a push towards more virtual workers.
Past layoffs at big companies usually means more great employees on the market now for newer companies. Look for operations that are hogging resources without generating significant revenue. With a concentrated point of focus, your company might be well positioned for growth this year. Snap up top talent.
By the way, I would never tell a CEO to do everything they can to avoid layoffs. Layoffs can hurt a culture, or it can help it – it depends on how they’re handled, and the unique situation of the company. Is there a better way out of a corporate crisis than layoffs? recession so far.
By the way, I would never tell a CEO to do everything they can to avoid layoffs. Layoffs can hurt a culture, or it can help it – it depends on how they’re handled, and the unique situation of the company. Is there a better way out of a corporate crisis than layoffs? recession so far.
By the way, I would never tell a CEO to do everything they can to avoid layoffs. Layoffs can hurt a culture, or it can help it – it depends on how they’re handled, and the unique situation of the company. Is there a better way out of a corporate crisis than layoffs? recession so far.
By the way, I would never tell a CEO to do everything they can to avoid layoffs. Layoffs can hurt a culture, or it can help it - it depends on how they’re handled, and the unique situation of the company. Is there a better way out of a corporate crisis than layoffs? recession so far.
My thesis on why this is happening is that large tech companies didn’t invest enough in R&D between 2008-2010 (Google even went through layoffs!!!) And being populist helps that. There has been a preponderance of early-stage deals that have seen quick exits. and now they’re all buying their way into innovation and talent.
We had to do a reduction-in-force and layoff early in our career, and I thought we were done. For me, being able to name it, and talk about it, has been incredibly helpful. I think that the hardest thing for me, generally, is that emotional resilience. That's not any one thing. We had ups and down. It was multiple times.
Our startup interview this morning is with Josh Stomel , founder of ResumeBucket (www.resumebucket.com), a new web site that is focused on helping people share their resumes with the world. I went on to Oversee.net, and helped to build that company from 60 to 250 employees. Josh Stomel: We're seeing more and more layoffs every day.
Overnight, just about every company went into a hiring freeze and massive layoffs dominated the news. Our experience hitting rock bottom helped us to open our eyes (and keep them open) to new ideas, no matter how outrageous or impossible they might seem. In just over eighteen months, we were on track to double in size.
Websites like Elance and Guru.com help you staff up with specialists, or find work if you are a specialist. Independent specialists are becoming the preferred way to staff a business, regardless of the economy. Especially these days all businesses need to run lean and mean. Marty Zwilling. specialist entrepreneur startup freelance business'
Customers in the new normal may face lingering challenges brought on by the pandemic, such as layoffs or other financial struggles, which directly affect their ability to consistently pay for service. If you are a carrier looking to expand your network infrastructure to support new technologies, such as 5G, we can help.
The most important resource may be your help and support. Workers doing assembly-line tasks during World War II were highly motivated because they were helping to win the war. Recruiting is the inverse of layoffs, which reduces motivation in everyone. Relationships. A good cause can be the most powerful motivator of all.
This means identifying initiatives early, communicating openly with your team, and asking for their help on the dilemmas of production cuts and layoffs. Make sure you are paying attention to macroeconomic and customer trends, and planning early moves, rather than waiting for the crisis.
The most important resource may be your help and support. Workers doing assembly-line tasks during World War II were highly motivated because they were helping to win the war. Recruiting is the inverse of layoffs, which reduces motivation in everyone. Relationships. A good cause can be the most powerful motivator of all.
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.
Past layoffs at big companies usually means more great employees on the market now for newer companies. Look for operations that are hogging resources without generating significant revenue. With a concentrated point of focus, your company might be well positioned for growth this year. Snap up top talent.
Websites like Elance and Guru.com help you staff up with specialists, or find work if you are a specialist. Independent specialists are becoming the preferred way to staff a business, regardless of the economy. Especially these days all businesses need to run lean and mean. Marty Zwilling.
Past layoffs at big companies usually means more great employees on the market now for newer companies. Look for operations that are hogging resources without generating significant revenue. With a concentrated point of focus, your company might be well positioned for growth this year. Snap up top talent.
Orexigen said the move would help it reduec cash expeditures, saving it approximately $5.0M That letter indicated that it was likely the FDA would deny approval until the firm was able to conduct a new clinical trial evaluating cardiovascular risks of its Contrave weight loss pill. annually.
Past layoffs at big companies mean that there's a surplus of great employees on the market now. Look for operations that are hogging resources without generating significant revenue. With a concentrated point of focus, your company might be well positioned for growth this year. Snap up top talent.
THQ explained that decision came because of the additional investment that would have been required to make the game a MMO, and because it was unable to find a business partner to help it reach that goal. The cuts come at THQ's Austin studios, where 79 employees have been cut, along with its Vancouver, B.C. READ MORE>>.
Machinima first started developing its gaming-related content back around 2008, and helped usher in a healthy investment market for multi-channel-networks, companies which aggregated multiple YouTube creators and channels into a single media company. Machinima had been acquired by Warner Bros. READ MORE>>.
Productivity is high - even pilots have helped with luggage and turnaround if needed. There has never been a layoff nor a labor shutdown in their history. But the thing that most clearly differentiates Southwest from all of their competitors is culture -Southwest is a fun place to work and for many a fun airline to fly.
THQ explained that decision came because of the additional investment that would have been required to make the game a MMO, and because it was unable to find a business partner to help it reach that goal. The cuts come at THQ's Austin studios, where 79 employees have been cut, along with its Vancouver, B.C. READ MORE>>.
According to The Verge, the loan came in late April, when Bird said the loan would help it retain 341 jobs. 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. 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.
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