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HuffingtonPost Abandons Los Angeles Video Streaming Effort, Says Report

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The Huffington Post is abandoning its video effort, HuffPo Live , in Los Angeles, according to a report today, and is laying off around 20 staffers from its office here. The move apparently came as HuffingtonPOst is shifting its HuffPo Live focus to international markets. READ MORE>>.

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BetterWorks Goes From Feast To Famine With Layoffs

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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.

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XCOR Aerospace Files For Chapter 7

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XCOR had been one of a number of companies in Southern California pursuing the commercial space market. The bankruptcy follows a layoff of all of the company's employees in July , when it said it was unable to raise money to further fund its spacecraft development efforts.

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Qualstar Continues To Look At Strategic Options

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Simi Valley-based Qualstar , the developer of data storage and high efficiency power supplies, says it continues to look at "strategic options" for the business, as it reported yet another quarter of declining revenues. The company reported a net loss of $1.2 According to Qualstar, it had a loss of $0.4 million on revenues of $2.2M

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Bird Cuts Five Percent Of Staff, Says Report

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Santa Monica-based scooter rental service Bird has laid off approximately 5% of its full-time staff, according to a report on Thursday, in what has been attributed to an effort to "contain costs". The report said 40 people were laid off. READ MORE>>.

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Machinima Lays Off Most Employees, Ceases Operations, Say Reports

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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>>.

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Coda Automotive Lays Off 50

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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.

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