Disney Cancels Tech Layoffs In Burbank

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disney television layoff jobs employment immigrant labor foreign worker replacementDisney/ABC Television , which had planned to replace about 35 information technology workers split between its New York and Burbank offices with imported H-1B workers from an outsourcer, has abruptly cancelled those plans. Disney had told its workers in May that it would be replacing them with workers--imported from India--from outsourcer Cognizant.

Silicon Beach Report Jan. 8: GoPro layoffs, Grindr founder leaving, new lights for Ring’s smart doorbells

L.A. Business Journal

GoPro announced layoffs and cost-cutting as the camera and software company exits the drone business; video doorbell maker Ring has acquired light maker Mr. Beams; and the founder of dating app Grindr is stepping down following the company’s acquisition by a Hong Kong-based mobile gaming company

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Nasty Gal In Major Layoffs

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Los Angeles-based Nasty Gal , the online women''s wear retailer led by Sophia Amoruso, has reportedly laid off 10 percent of its staff, or over 20 employees, according to fashion industry reports. Nasty Gal said in a statement that the moves are part of a move to "strategically re-organize" its business. READ MORE>>. nastygal nasty sophia amoruso fashion retailer ecommerce women

BetterWorks Goes From Feast To Famine With Layoffs

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betterworks layoffs employment employee silicon beach paige craig resources human fringe benefitsA report today from PandoDaily said that Santa Monica-based BetterWorks has terminated all of its sales and marketing staff, and half of its operations team. The move is an abrupt shift from feast to famine for BetterWorks, the high profile employee fringe benefits startup headed by prolific angel investor Paige Craig.

OneRoof Energy Cuts Staff, Starts Winding Down Operations

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oneroof energy layoff jobs employment solar power cleantech installer residential deadpoolSan 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. The company did not say how many people it laid off in the move.

Honest Company Cuts 80 Employees

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honest company layoff jobs employment jessica alba baby personal care products ecommerceLos Angeles-based Honest Company , the online provider of eco-friendly baby, personal care, and other household goods led by Brian Lee and co-founded by Jessica Alba, has quietly let go of 80 employees --or nearly 14% of the company--in what the company has billed as a "growth positioning". The report was first detailed by WWD.

Rubicon Project In Major Layoff, Chops 19 Percent Of Staff

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Los Angeles-based online advertising marketplace Rubicon Project is in a major layoff, saying in its quarterly results on Wednesday that it is cutting 125 employees, or roughly 19 percent of its workforce. rubicon project advertising marketplace layoff jobs employmentAccording to the company, its Q3 was a "challenging quarter" for its industry and "our business in particular". According to Rubicon Project, the cuts will save it approximately $18.0M

Qualstar Seeks Strategic Alternatives, Hints At Layoffs

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qualstar merger acquisition layoff jobs storage power hardware electronicsWeestlake 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.

Lawsuits Fly In Fisker Automotive Layoff

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Now, those employees are striking back at the company, and have filed a federal lawsuit claiming that the firm failed to obey a law requiring workers advanced notice of mass layoffs. fisker automotive cleantech auto hybrid automobile legal lawsuit employment jobs layoff

Demand Media Sees Steep Drop In Content Revenues, Cuts Staff

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demand media content earnings layoff jobs merger acquisition revenuesSanta 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 said the drop came due to traffic declines to eHow and lower ad monetization yields.

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Disney's Maker Studios Cuts Jobs

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maker studios disney merger acquisition jobs employment layoff content hollywood Maker Studios , the online YouTube content network which was recently acquired by Walt Disney , is cutting approximately 10 percent of its staff. The cuts were first reported by Variety. Maker Studios employs around 380 people. Disney said it would acquire Maker in March, in a deal that could be worth north of $900M. READ MORE>>.

Bio Roundup: Phase 3 Fails, Shkreli Jailed, Moderna Flip-Flops & More

Xconomy

It was a week of realignments. President Trump, who used to be known as “The Donald” but now goes by “ Amnesty Don ,” kept up the parlay-voo with his new friends Chuck and Nancy. Martin Shkreli, who was once known— and still is! —as the “pharma bro,” will have a new perspective for a while, through the bars of a jail cell. In Cambridge, MA, Moderna Therapeutics promised more clinical data as it reasserts central control over its drug R&D.

Kythera Chops 117 Employees In Post Acquisition Layoff

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The layoffs number to more than half of the company's pre-acquisition workforce, of around 200 employees earlier this year. kythera allergen biotech biopharma biopharmaceuticals merger acquisition layoff jobs

Silicon Beach Report Feb. 16: Tinder Acquires Snapchat-Like App Wheel

L.A. Business Journal

billion in IPO, and Disney’s Maker Studios is eyeing layoffs Tinder acquires Snapchat-like app Wheel, Snap Inc. aims to raise as much as $3.2

Topspin In Major Layoffs, Says Report

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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 Los Angeles-based music software startup Topspin has laid off a "significant" amount of staff, according to reports , with a majority of the company''s staff getting the pink slip. The startup offered up web-based apps to help artists and labels reach their fans. Topspin is venture backed by Foundry Group and Redpoint Ventures.

Qualcomm Sets For Major Layoffs, To Cut 10 Percent Of Staff

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San Diego-based Qualcomm is set to announce major layoffs, according to multiple reports , which say the chipmaker is planning to cut more than 10 percent of its workforce. The layoffs are expected to be announced during Qualcomm's earnings call. Qualcomm has not officially announced the layoffs yet, which are expected to hit from 3,000 to 4,000 employees. qualcomm layoff jobs employment

CityGrid Slashes Staff

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It's unclear why there's been such a recent increase in layoffs in the area, which over the last year or two has been booming, with companies struggling to find staff among an upsurge in startups and technology growth. citygrid layoff jobs employment onlineIn the latest cuts among Silicon Beach's high tech community, CityGrid , which runs Citysearch, Insider Pages, and Urbanspoon--has laid off a chunk of its staff, including a significant number of Los Angeles employees.

BetterWorks Shutting Down On May 31st

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betterworks layoffs employment employee silicon beach paige craig resources human fringe benefits shutdown deadpoolIn what is a huge blow to Silicon Beach, Santa Monica-based BetterWorks , the software-and-technology-meets-employee-perks startup run by Paige Craig, told its users today that it is sunsetting its site on May 31st. According to an email from Craig, the company decided to close down the BettterWorks perk platform, and will not longer be active after next Thursday.

Report: Tech Layoffs At Highest Level In Three Years

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You may not see it here in Southern California's high tech sector--which has been booming, due to a surge of startup and accelerator activity--but apparently, the technology sector has seen its highest level of layoffs in three years, according to a report today. tech layoffs jobs employment

Machinima Gets $24M, But Chops Staff

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investment employment jobs layoff warner capital venture machinima Los Angeles-based YouTube network Machinima revealed last week that it has raised $24M in a funding round from Warner Bros., along with Redpoint Ventures, MK Capital, Coffin Capital and Allen DeBevoise. However, the company also made some big cuts in its staff on Friday, following the funding round.

Bio Roundup: Trump’s Rx Silence, PCSK9 News, Amgen’s Migraines & More

Xconomy

Speculation swirled this week around the incoming U.S. president’s intent to make good on his angry campaign rhetoric on drug prices, while the Associated Press reported that naming-and-shaming—that is, Congress hauling executives into hearings and penning angry letters—certainly hasn’t done the trick.

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Layoffs Take Big Toll In California In 2009

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The latest number released from the United States Department of Labor finds that 2009 was an ugly year for Californians, as measured by the number of mass layoffs and jobs lost. The agency did not break down the geographic spread of those layoffs across the state.

Fisker Automotive Chops Staff

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fisker automotive layoff electric jobs cleantech employment carsIrvine-based Fisker Automotive , the maker of electric vehicles, is cutting staff in both Delaware and California, after a setback in receiving cash from the U.S Department of Energy.

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Report: Veoh Planning Major Layoffs

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Quoting a "source close to the company" VentureBeat said that the layoffs would be "drastic." Tags: veoh layoff jobs video content San Diego- and Los Angeles-based online video site Veoh is reportedly in the midst of a "major restructuring," according to a report from VentureBeat. An email to Dmitry Shapiro, CEO of Veoh, this morning, asking for comments on the rumor was not returned. Veoh laid off 20 percent of its employees in November.

Layoffs Hot Keyword for Second Half of January 2009

SoCal CTO

But, in running it now for the second half of January, the keyword that popped to the top was: Layoffs And this is definitely a sign of the times. Last month we Launched Los Angeles Tech and in the announcement we provide the Hot List for the first half of January 2009. This hot list is based on various social signals of what people are writing about, reading, bookmarking, searching, etc. You can go to the Hot List post to see what was hot then.

THQ Chops 30

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videogame games layoff employment jobsAgoura 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>>.

Warner Brothers Interactive Cuts Staff In Seattle

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warner brothers interactive videogame content seattle layoff jobsBurbank-based Warner Brothers Interactive has chopped 60 people in its Seattle game studios, according to a report from Joystiq, which confirmed the cuts with Warner Brothers.

Qualcomm Confirms FLO TV Shutdown Plans, Layoffs

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Qualcomm said that--if it shuts down the service--it will make "appropriate refunds" and would order some layoffs related to the shutdown. Tags: qualcomm television content streaming media layoffs entertainment jobs employment San Diego-based Qualcomm confirmed Tuesday evening that it is considering shutting down its FLO TV, mobile television service, after reports that the firm is planning to shut off the service.

Sony Slashes Staff At San Diego Game Studio

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According to reports , the layoffs are part of a wider cut in its videogaming operations which also included workers in London. sony diego studios videogame studio layoff jobs employment online gamesSony has cut more than 50 employees in San Diego, at its Sony San Diego Studio , which develops videogames such as Kill Strain and MLB. Gamasutra reported the moves are possibly a move away from "live games" development at Sony. READ MORE>>.

Zynga's Loss, SGN's Gain

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Although the layoff at Zynga does put a lot of talent on the market, Dewolfe said that it won''t be accelerating its rate of hiring. zynga layoff jobs employment hiring videogame content game social mobile

Bio Roundup: Theranos Cuts, Alnylam Stops, Nobel Eats Its Own & More

Xconomy

—Merrimack Pharmaceuticals (NASDAQ: MACK ) announced layoffs of 22 percent of its staff and the resignation of CEO Robert Mulroy. With the Caribbean and now the southeast U.S. coast bearing the brunt of Hurricane Matthew, we send our thoughts and more to those who have more pressing matters to worry about this week. But the show must go on. The biotech industry saw its own storms pass through, with Theranos, Alnylam Pharmaceuticals, and Merrimack Pharmaceuticals taking direct hits.

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Bio Roundup: Healthcare Is Hard, “Slow” FDA, Drugging RNA & More

Xconomy

In an address to Congress this week, President Donald Trump outlined many of his near-term goals, including an overhaul of the Affordable Care Act, also known as Obamacare, even as public opinion has begun to shift in favor of the law.

Intuit Layoffs To Hit Southern California

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Layoffs at personal finance software maker Intuit are set to hit a number of the firm's Southern California locations. The layoffs date are split between August 3rd and August 17th, according to the WARN filings. WARN (Worker Adjustment and Retraining Notification) is a California law which requires certain companies to report when they are planning mass layoffs at least 60 days in advance. Tags: intuit software layoff warn