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Report: Snap Chops 100 More Employees

socalTECH

Venice-based Snap has cut another 100 of its employees , according to reports on Thursday, as it continues to trim its workforce. The cuts this time apparently came from the advertising side of Snap, and follows a big layoff of engineers in February. READ MORE>>.

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Snap Cuts 120 Engineers, Citing Job Performance

socalTECH

Venice, California-based social networking app developer Snap Inc. has laid off more than 120 engineers, according to reports based on internal emails being circulated from the company, saying it had cut its "lowest performing" engineers in recent job reviews. The layoffs represent around 10 percent of Snap's engineering team.

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MediaLab acquires messaging app Kik, expanding its app portfolio

TechCrunch LA

It echoes the same message from Kik’s chief executive Tim Livingston last week when he rebuffed earlier reports that the company would shut down amid an ongoing battle with the U.S. ” MediaLab is a holding company that owns several other mobile properties , including anonymous social network Whisper and mixtape app DatPiff.

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Report: Buzznet Chops Staff

socalTECH

Hollywood-based, music-related blog and content firm Buzznet has reportedly cut employees, according to a report from Digital Music News. Buzznet operates an online social networking and social media site focused on music and bands, and is backed by Anthem Ventures, Interscope, Redpoint Ventures, and others.

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United Online Cutting at Classmates?

socalTECH

Woodland Hills-based United Online, which operates the Classmates.com reunion and social networking site, appears to be cutting back staff, according to sources close to the firm. A spokesperson for the firm declined to comment on the reports.