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SanDiego-based cybersecurity developer Websense announced Friday that it is officially moving its headquarters to Austin, Texas, and moving 470 jobs to the city. The move is part of a one-two-three punch to the SanDiego technology community, as two Vista Equity-owned technology companies have been moved to Texas in as many weeks.
Drone maker 3D Robotics , the high profile, consumer drone maker, has closed its SanDiego offices and is now refocusing on the enterprise market, according to a number of reports. The move reportedly comes due to a slowdown at the Berkeley-based drone maker, due to intense competition from Chinese drone makers DJI.
SanDiego-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.
SanDiego-based pharmaceutical firm Zogenix has made some big cuts, the firm said yesterday, after the FDA delayed approval for the company''s lead product. zogenix pharmaceutical lifescience jobs employment layoff disorder drug development' READ MORE>>.
Los Angeles- and SanDiego-based Veoh (www.veoh.com), an online video sharing site, has laid off 20 people, or roughly 18-20 percent of the firm's employees. 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.
SanDiego-based Cytori Therapeutics has chopped its staff and executives, and has plunged into arestructuring effort to reduce costs, the company said this morning, after a safety hold on one of its clinical trials. cytori therapeutics executive biotech lifescience biopharma biopharmaceuticals layoff jobs employment'
There were, of course, those who used the opportunity to make a marketing push or pitch a story. metro area, SanDiego and Santa Monica. Spin, which began offering this on April 1, is making this available in Baltimore, Denver, Detroit, Los Angeles, Portland, San Francisco, Tampa and Washington, D.C. The company said T.
SanDiego-based Entropic Communications , a manufacturer of semiconductors for the home entertainment market, said in a filing with the SEC Tuesday that the firm is cutting approximately 55 of its employees, or 18 percent of its workforce. Tags: employment jobs layoffdiego entropic sandiego semiconductor.
SanDiego-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. READ MORE>>.
SanDiego-based residential solar installer OneRoof Energy has cut its staff, and says it is in a major realignment of its business operations to tap into consumer services providers and partners, rather than invest in its own direct sales. Size of the cuts were not announced by the company. READ MORE>>.
SanDiego-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.
SanDiego-based wireless broadband technology firm NextWave Wireless said today that it has scored a new, $100M debt financing for the firm's business, and made cuts in its staff, along with hiring an investment banker. The company said the restructuring included a reduction in workforce by over 20 percent. READ MORE>>
Our SanDiego editor Bruce Bigelow penned a personal goodbye to entrepreneur Larry Bock, who died last week of pancreatic cancer at the age of 56. —San Antonio, TX-based StemBioSys inked its second distribution deal in as many months, announcing plans to bring its stem cell production products to South Korea.
Traded on the London Stock Exchange, its shares held steady while the market went haywire, then climbed all week through Thursday’s close. The technology was funded by the Department of Defense and comes from MIT’s Lincoln Lab. PureTech also bucked the Brexit fallout this week.
A pair of industry-critic doctors tried to shift perspective of the estimated costs of bringing a drug to market. In Cambridge, MA, Moderna Therapeutics promised more clinical data as it reasserts central control over its drug R&D. Read more » Reprints | Share:
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