socalTECH

OCTOBER 26, 2018

According to information leaked from employees within the company, the pay cut and layoffs started this week, as Faraday has run out of funding due to a legal spat with the Chinese company that bailed out the company last year.

Layoffs 113

Layoffs Los Angeles Angel Funding 113

socalTECH

JUNE 3, 2013

A widespread layoff at social games maker Zynga has hit Los Angeles, with around 55 employees being let go from the location, according to tweets from the company''s employees. zynga angeles office videogame jobs layoff scopely' It appears that Zynga is closing its entire LA operation , according to reports. READ MORE>>.

Layoffs 153

Layoffs Los Angeles Angel Report 153

socalTECH

JANUARY 30, 2014

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>>.

Layoffs 147

Layoffs Los Angeles Redpoint Report 147

socalTECH

APRIL 8, 2013

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' The company reportedly did not provide any severance pay.

Layoffs 147

Layoffs Class News Report 147

L.A. Business Journal

MARCH 7, 2018

expected to announce layoffs; AeroVironment secures contract, narrows losses; and Ordermark raises $3.1

Layoffs 140

Layoffs Report 140

socalTECH

JULY 21, 2015

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.

Layoffs 100

Layoffs San Diego Report 100

socalTECH

NOVEMBER 3, 2016

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. According to the company, its Q3 was a "challenging quarter" for its industry and "our business in particular".

Layoffs 100

Layoffs Los Angeles Angel Advertising 100

socalTECH

OCTOBER 14, 2015

The layoffs number to more than half of the company's pre-acquisition workforce, of around 200 employees earlier this year. billion cash acquisition of Kythera by Allergan closed on October 1st. READ MORE>>.

Westlake Village 100

Westlake Village Layoffs Acquisition Develop 100

socalTECH

JUNE 10, 2010

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 BLS said that 2009 was the worst year since 2002 for California, the last time layoffs surpassed 500,000 employees. READ MORE>>.

Layoffs 159

Layoffs Statistics 159

socalTECH

JULY 17, 2012

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. The number of cuts is apparently the largest, midyear total since 2009.

Layoffs 133

Layoffs Southern California Report High Tech 133

socalTECH

OCTOBER 6, 2010

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. READ MORE>>.

Layoffs 164

Layoffs San Diego Entertainment Mobile 164

TechCrunch LA

APRIL 6, 2020

” Layoffs in a time of COVID-19. If so, go check out Layoffs.fyi, the site doesn’t just list layoffs. Enovix, which has developed a silicon-based lithium-ion battery, has raised $45 million in new funds. The company said T. Rodgers and York Capital participated, as well as an unnamed “major new strategic investor.”

Layoffs 136

Layoffs Startup Los Angeles Santa Monica 136

SoCal CTO

FEBRUARY 4, 2009

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. 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. Here's the rest.

Layoffs 159

Layoffs Southern California Woodland Hills Santa Monica 159

socalTECH

OCTOBER 7, 2022

Those cuts in staff equal more than 2,000 employees leaving the company, mostly due to layoffs, says the story. The Ad Age article attributes the cuts to a "crypto-winter" which has hit the industry.

Los Angeles 113

Los Angeles Report Layoffs Marketing 113

socalTECH

JULY 15, 2009

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. Tags: intuit software layoff warn.

Southern California 113

Southern California Layoffs Westlake Village Woodland Hills 113

Berkonomics

MAY 18, 2023

Variations on the theme… [Email readers, continue here…] You can expect to have the same attitude if a past employee resurfaces after a layoff, resignation or after being fired, with a plan for a competitive business – or as an employee of a competitor.

Company 156

Company Companies Entrepreneur Layoffs 156

TechCrunch LA

JANUARY 26, 2022

“[W]e are shifting our technology strategy to leverage external partners for parts of our platform that we’re currently maintaining internally,” Weiss wrote in the email announcing the layoffs to staff. The tech team layoffs are notable for a beauty retailer that has often described itself as a technology company.

Los Angeles 197

Los Angeles Layoffs Commerce CTO 197

socalTECH

APRIL 1, 2009

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. Veoh laid off 20 percent of its employees in November.

Veoh 100

Veoh Layoffs San Diego Los Angeles 100

socalTECH

MARCH 31, 2009

For our Insights & Opinions section today, Cathy Ashbaugh, President of Pacific Shore Resources, a local recruiting firm, gives some well timed advice on how to handle a layoff: As we enter into the second quarter of 2009 we are beginning to see small signs of hope and improvement in the economy.

Layoffs 100

Layoffs SoCal Southern California Venture Capital 100

socalTECH

MARCH 27, 2020

The on-demand scooter company said it laid off 30% of its staff, saying "Layoffs are never easy or comfortable to do" and saying that the layoffs were done as a result of the COVID-19 pandemic. Santa Monica-based Bird reportedly let 400 of its employees go on Friday, via a pre-recorded Zoom meeting, according to a report.

Santa Monica 124

Santa Monica Layoffs News Web 124

Tech.Co

OCTOBER 31, 2022

A huge number of tech companies have made layoffs in 2022 , whilst others have taken advantage of video conferencing software and other remote collaboration tools to offer flexible working arrangements and retain the best talent. Survey Says: Go Your Own Way.

Layoffs 140

Layoffs Angel Software Entrepreneur 140

socalTECH

SEPTEMBER 5, 2014

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>>.

Layoffs 138

Layoffs Los Angeles Angel Report 138

socalTECH

MARCH 30, 2016

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.

Westlake Village 100

Westlake Village Layoffs Acquisition Company 100

socalTECH

JUNE 18, 2015

Disney/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.

Burbank 100

Burbank Layoffs Southern California Outsource 100

socalTECH

MAY 17, 2012

A 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.

Santa Monica 187

Santa Monica Layoffs Angel Acquisition 187

socalTECH

JANUARY 25, 2019

The layoffs at Virgin Galactic follow a 10 percent cut in employees by SpaceX just a couple of weeks ago. Mojave-based spacecraft developer Virgin Galactic has cut 40 employees, saying that it is looking "to position our organization for the drive to commercial operations."

SpaceX 140

SpaceX Layoffs Report Organization 140

socalTECH

MAY 18, 2018

Deails on the layoffs have not been announced by the company, nor reason for the cuts. The layoffs come even as the company has reportedly prepping an IPO offering in June. The cuts were reported by both the Pacific Coast Business Times and Santa Barbara Independent. READ MORE>>.

Santa Barbara 100

Santa Barbara Layoffs Report Media 100

socalTECH

FEBRUARY 13, 2020

The new cuts come on top of an earlier layoff involving 200 workers at the company. Irvine-based electric vehicle maker Karma Automotive is laying off 60 more workers in Irvine, as the startup continues to shed workers, according to a Worker Adjustment and Retraining Notification Act (WARN) report issued on Wednesday.

Layoffs 113

Layoffs Startup Resource Report 113

socalTECH

JULY 1, 2013

The layoffs--reported by TechCrunch-- reportedly affected 130 people. The new cuts follow an earlier layoff in October of 2012, which also resulted in the loss of a number of positions in Los Angeles. The new cuts follow an earlier layoff in October of 2012, which also resulted in the loss of a number of positions in Los Angeles.

CitySearch 190

CitySearch Los Angeles West Hollywood Layoffs 190

Tech Zulu Event

AUGUST 14, 2012

Google will however feel the layoffs. The post Google Confirms Motorola Mobility 4000 Layoffs appeared first on TechZulu. According to the Google filing the cut is also expected to reduce the firm expenses which have an impact on its revenue. Motorola annual financial report is here.

Layoffs 63

Layoffs Mobile Google Patents 63

socalTECH

JANUARY 22, 2019

The removal of Machinima's content from YouTube follows a major layoff and restructuring of Otter Media in December by AT&T. That move resulted in layoffs of employees across Otter Media, the removal of many Machinima creators, and shifting of many contracts to Fullscreen. Machinima had been part of Warner Bros.

Layoffs 113

Layoffs Content Media Networking 113

socalTECH

MAY 23, 2012

Once high-flying security software firm CyberDefender , which filed for Chapter 11 bankruptcy in February, looks to be taking the axe to its employees, according to a regulatory filing by the firm. In a filing with the state, CyberDefender says it is laying off 307 employees on June 1st. one of its investors.

Layoffs 133

Layoffs Los Angeles Angel Software 133

socalTECH

AUGUST 19, 2014

The layoffs--first uncovered by the San Fernando Business Journal--apparently are due to a shift at the company towards more cloud-based services. financial finance software employment jobs layoff intuit' The cuts apparently are slated for September 15th. READ MORE>>.

Woodland Hills 166

Woodland Hills San Fernando Layoffs Software Development 166

socalTECH

MARCH 20, 2019

Faraday Future has been facing financial issues due to a dispute with its lead investor, which has resulted in layoffs at the company, numerous lawsuits from vendors, and executive departures. The report says Faraday Future is leasing back the headquarters, which it sold to real estate investor Atlas Capital, for around $10M. READ MORE>>.

Los Angeles 113

Los Angeles Report Layoffs Angel 113

socalTECH

JANUARY 11, 2019

The report--from the LA Times--confirmed the layoff with the company, which said that Space "must become a leaner company" to continue to deliver for its customers. Hawthorne-based SpaceX --despite a continuing string of successful launches--is cutting 10 percent of its 6,000 employees, according to a report published on Friday.

SpaceX 113

SpaceX Hawthorne Report Layoffs 113

Xconomy

JULY 10, 2019

Eight years after San Diego biotech Prometheus Laboratories was acquired by Nestlé Health Science , the diagnostic business has been sold again, this time to a little-known biotech called Precision IBD that plans to lay off approximately a quarter of Prometheus’s workforce.

San Diego 91

San Diego Layoffs Develop Development 91

socalTECH

NOVEMBER 6, 2014

In a major Los Angeles area layoff, daily deals and offers service LivingSocial is closing a sales facility in Torrance, and cutting 400 employees throughout the company, as part of a restructuring. livingsocial torrance layoff jobs employment daily deals restructuring marketing' READ MORE>>.

Torrance 138

Torrance Los Angeles Layoffs Angel 138