socalTECH

DECEMBER 12, 2012

The layoffs--first reported by PlugInCars--apprently included a "substantial part" of its sales and marketing staff. The layoffs impact approximately 15 percent of Coda's workforce. The layoffs apparently come as the company has sold less than 100 of its automobiles since launching in March, according to the report.

Layoffs 157

Layoffs Southern California Santa Monica News 157

socalTECH

SEPTEMBER 15, 2014

The move was originally reported by The Daily News. The DailY News reports that the family laid off around 50 people at the Chatsworth plant as a result of the shutdown, as the company has "mothballed" its operations. boulder electric vehicles shutdown angeles cleantech truck auto transportation layoff'

Chatsworth 138

Chatsworth Layoffs News Report 138

TechCrunch LA

JUNE 18, 2022

Last week, we talked about layoffs and the Winklevoss rock gods. Things have already plunged so quickly at the signal of a recession that insiders fear a lengthy bear market could hit crypto far more brutally than expected — tearing tokens to lows far below the highs of the 2017 bull run. Welcome back to Chain Reaction. crash redux.

Newsletter 278

Newsletter Platform Capital Marketing 278

socalTECH

JANUARY 16, 2012

Rumors have been swirling around Agoura Hills-based THQ since this weekend, when a gaming industry analyst, Peter Skerritt, reported that the videogame maker was either looking for a buyer or shutting down its videogame development efforts, cancelling its 2014 lineup. as part of an "ongoing review" of its business. READ MORE>>.

THQ 145

THQ Agoura Hills Layoffs Agoura 145

Tech.Co

JUNE 24, 2022

Tech companies like Coinbase, for instance – an exchange for blockchain -secured currencies like Bitcoin – reneged on offers due to “current market conditions and ongoing business prioritization efforts.”. The Wall Street Journal reports that Twitter, for instance, has refused to take on new staff it previously offered jobs to. “My

Technical Review 136

Technical Review Company Companies Startup 136

socalTECH

MARCH 3, 2010

San Diego-based La Jolla Pharmaceuticals , the failed biopharmaceuticals firm which was previously developing treating lupus renal disease, reported today that it has received notification from the Nasdaq that it will be delisted from the market as of Thursday.

Layoffs 157

Layoffs San Diego Report Marketing 157

socalTECH

JUNE 23, 2009

Los Angeles-based MySpace reported this morning that the firm intends to restructure the firm's international operations, and will cut 300 employees from the division. In a statement, new MySpace CEO Owen Van Natta said that the firm's international staffing had become "too big and cumbersome to be sustainable in current market conditions."

Layoffs 100

Layoffs Los Angeles Report Marketing 100

socalTECH

NOVEMBER 6, 2008

Veoh said that the firm, although doing well financially, could not predict how soft the online advertising market will become, given the economic challenges of today. The layoffs occurred yesterday, when employees were notified of the move. The news was first reported by Paidcontent. READ MORE>>

Veoh 124

Veoh Layoffs San Diego SoCalTech 124

socalTECH

JANUARY 13, 2023

Singapore-based Crypto.com--the cryptocurrency company which owns the naming rights to the Crypto.com Arena in Los Angeles--has cut 20 percent of its staff, citing "economic headwinds" and "unforeseeable" events in the crypto industry. reportedly impacted more than 2,000 people. Crypto.com blamed the collapse of FTX.

Los Angeles 100

Los Angeles Report Angel Company 100

socalTECH

APRIL 22, 2009

The announcement came as the firm reported first quarter 2009 sales of $440.3M, down from $451.8M The firm said that it had a sales decrease due to contracting commercial markets and the global recession. Tags: teledyne technologies employment jobs layoff aerospace electronics. in the same period last year.

Technical Review 100

Technical Review Thousand Oaks Technology Layoffs 100

socalTECH

JANUARY 28, 2009

Garcia said that with the economic downturn and layoffs, he suspects there's been a push towards more virtual workers. Garcia reported that it added ten mid-market customers in December, including consulting firm IBI Group and human resources management firm Workday. The firm is privately held. READ MORE>>.

Layoffs 100

Layoffs SoCalTech SaaS Pasadena 100

socalTECH

MARCH 28, 2016

Drone maker 3D Robotics , the high profile, consumer drone maker, has closed its San Diego offices and is now refocusing on the enterprise market, according to a number of reports. The shutdown of 3D Robotics' San Diego offices also sees the loss of 3D Robotics co-founder Jordi Munoz, who helped founded the drone maker in San Diego.

San Diego 100

San Diego Report Competition Help 100

Both Sides of the Table

JANUARY 26, 2013

The problem is that this is publicly available information that can and will be scanned by journalists and reported. I’m only reporting to you that many people do in fact delay their filing and I’ve spoken with lawyers about how to do this in a way that they feel is kosher. When you file, you must be prepared.

Startup 355

Startup Funding News Press 355

socalTECH

FEBRUARY 7, 2012

According to reports, Fisker has laid off 26 employees in Delaware, and 45 in California, after failing to meet DOE deadlines for its production goals. Fisker has been scaling back sales projections for its Karma luxury sports car, after a series of recalls and other issues in getting the car to market. Department of Energy.

Sales 154

Sales Report Marketing Product 154

Startup Professionals Musings

AUGUST 1, 2013

If you try to vary the number of employees to match, that costs even more cash for hiring, firing, and layoffs. Sales volumes are still ramping up while marketing expenses are at max. The Kauffman Foundation reports that late payments are among the biggest challenges facing startups. Even good customers don’t always pay on time.

Startup 114

Startup Sales Layoffs Slides 114

Startup Professionals Musings

JANUARY 17, 2016

If you try to vary the number of employees to match, that costs even more cash for hiring, firing, and layoffs. Sales volumes are still ramping up while marketing expenses are at max. The Kauffman Foundation reports that late payments are among the biggest challenges facing startups. Even good customers don’t always pay on time.

Startup 64

Startup Sales Layoffs Slides 64

socalTECH

FEBRUARY 5, 2019

Machinima , which had been the poster child for Southern California's multi-channel-network (MCN) boom, has laid off most of its employees and ceased its operations , according to reports. in 2016, in a deal then reported as worth less than $100M. Machinima had been acquired by Warner Bros. READ MORE>>.

Report 127

Report Southern California Media Content 127

socalTECH

JANUARY 14, 2011

LSI Corporation , a developer of data storage products, has cut a product line it had been developing in Southern California, resulting in the layoffs of employees in Irvine and Westlake Village, as well as Israel and Silicon Valley. Sources close to LSI confirmed the layoffs.

Southern California 145

Southern California Westlake Village Layoffs Report 145

Xconomy

JULY 15, 2016

Layoffs will hit two New Jersey sites and one in Pennsylvania, resulting in a loss of less than 10 percent of its “discovery, preclinical and early development” staff, a spokeswoman said via e-mail. —Enough good trial news. —In other Merck news, U.K. . Korean life science equipment distributor SeouLin Bioscience Co.

News 40

News Technical Review San Diego Startup 40

Xconomy

JULY 1, 2016

But as Xconomy reported, details about the reorganization were scant, leaving open questions whether drug regulation actually needs to move faster. Traded on the London Stock Exchange, its shares held steady while the market went haywire, then climbed all week through Thursday’s close.

Buzzfeed 59

Buzzfeed News Pricing Report 59