article thumbnail

Conexant Completes Product Line Sale, Chops 100 Employees

socalTECH

Newport Beach-based Conexant reported Monday afternoon that it has completed the sale of the firm's Broadband Access product lines to Ikanos. Tags: ikanos acquisitoin merger employment jobs layoff conexant. The deal was worth $54M. Conexant had said it would sell the unit in April. READ MORE>>.

Sales 100
article thumbnail

Elon Musk says Tesla Model Y will be revealed at its LA design studio on March 14

TechCrunch LA

Musk has been teasing the car’s release since 2015, and in a January letter to shareholders said that high volume production would begin by the end of 2020. Tesla said that to achieve this lower price it will shift all sales globally to online only, meaning the company will be closing many of its stores over the next few months.

Design 272
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Three questions to answer about your COVID response

Berkonomics

Do you still need marketing costs when there is no-one out there buying new product? Are you salespeople making few if any sales because your prospective customers are distracted by their own problems? Have you squeezed every dime of cost that is non-core related from your business?

Layoffs 218
article thumbnail

Zogenix Chops Staff

socalTECH

San Diego-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>>.

Layoffs 138
article thumbnail

Have you made the mistake of hiring too soon?

Berkonomics

Many executives and managers have made the mistake of using the financial and sales forecast to plan and execute hiring of new employees – so that they could be trained and up to speed when the demand arrives. Well, you may not be alone. The balance between preparedness and cost. Your reputation with your employees at risk.

Training 226
article thumbnail

Websense To Move 470 Jobs To Texas

socalTECH

Another, Vista Equity owned San Diego company--Active Network--recently announced the sale and split of its business products group, which it is merging with another Vista Equity owned company, Lanyon--also based in Texas. websense jobs employment texas layoff' READ MORE>>.

San Diego 170
article thumbnail

Struggling EV firm Faraday Future gets another financial lifeline with new $225M investment

TechCrunch LA

Part of the financing seeks to reassure Faraday’s suppliers after the financial turmoil the company has seen since late last year, and to “obtain their commitments” to ensure that the FF91 enters mass production. Faraday said on Monday it has a “growing fleet” of pre-production vehicles to test features for its FF91.

Invest 143