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Lawsuits Fly In Fisker Automotive Layoff

socalTECH

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.

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CityGrid Slashes Staff

socalTECH

Initial news of the cuts, which were made in the last couple of days, came through recruiters and others close to the company. Citygrid did not respond to emails for comment yesterday from socalTECH, however, TechCrunch is placing the size of the cuts at 15 percent of the company. READ MORE>>.

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Should Startups Announce Their Funding?

Both Sides of the Table

If you’re a very early stage startup that just raised your first angel money it is very possible that the funding announcement will be your first big tech news. I’m ok with announcing straight away or waiting until you have product or team confidence to release the news. Should I Bundle it With More Juicy News?

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Beachmint Trims Staff

socalTECH

News of the layoffs first hit began circulating right before noon. Los Angeles-based BeachMint , the online e-commerce and celebrity startup, has quietly let go of some staff this Friday, in what an insider called a "slight trim" of the firm's employee base.

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Coda Automotive Lays Off 50

socalTECH

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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Machinima Chops 10 Percent

socalTECH

News of the layoffs first trickled out via Twitter from many of the firm's former employees. High flying, YouTube network Machinima has laid off 10 percent of its staff, as part of a reorganization, according to reports Friday evening.

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Amylin Pharmaceuticals To Shut San Diego Operations

socalTECH

Usually, when a company is acquired, it''s great news for investors--and employees. amylin pharmaceuticals diego biotech lifescienec employee jobs layoff' The move was first reported by the U-T San Diego. Amylin Pharmaceuticals as a developer of diabetes drugs. READ MORE>>.

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