socalTECH

JANUARY 24, 2013

Bankruptcy Court has granted a motion to approve a sale of the majority of THQ's assets to multiple buyers. THQ detailed the sale Wednesday night, saying the company's estate will receive approximately $72M in total through the sales of its owned studios and games in development.

THQ 153

THQ Sales Agoura Hills Agoura 153

TechCrunch LA

MARCH 3, 2019

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. There will be some layoffs as a result. Musk later said they would be hiring more service technicians.

Design 272

Design Layoffs Pricing Los Angeles 272

socalTECH

APRIL 18, 2012

Agoura Hills-based THQ , the embattled videogame maker, is finally seeing some good news, reporting today that it is expecting to report non-GAAP net sales of $160 million to $170 million, above its previous outlook of $130 million to $150 million.

THQ 124

THQ Agoura Hills Layoffs Agoura 124

socalTECH

AUGUST 24, 2009

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

Sales Layoffs Product Report 100

socalTECH

DECEMBER 4, 2014

According to RealD, the cuts include the elimination of certain sales and marketing and research and development expenditures. reald layoff jobs employment hollywood movie projection theater' The number of employees who will be affected by the cutbacks were not disclosed by the company. READ MORE>>.

Layoffs 147

Layoffs Hollywood Research Los Angeles 147

socalTECH

FEBRUARY 27, 2014

The cuts are part of a reswizzling of Sony''s electronics business, which includes the sale of the company''s Vaio personal computer business--which dramatically affects the company''s retail operations. sony electronics jobs employment layoff' READ MORE>>.

San Diego 157

San Diego Layoffs Sales Company 157

Berkonomics

OCTOBER 18, 2018

If there is no closer connection to the corporation, when times are tough for any reason, it is these employees that make it tough for management to gain understanding and consent for actions that must be made such as missing payrolls, making layoffs, or abandoning pre-announced plans. Simple building blocks for difficult times.

Layoffs 240

Layoffs Class News Email 240

socalTECH

SEPTEMBER 22, 2014

The company also said that its EVP of Marketing and Sales, Mr. Claude Shores--as well as other, un-named employees--have resigned and left the company. cytori therapeutics executive biotech lifescience biopharma biopharmaceuticals layoff jobs employment' READ MORE>>.

Layoffs 138

Layoffs San Diego Sales Marketing 138

socalTECH

JULY 3, 2013

BeachMint said that the firm has grown 40% year over year, in both sales and subscribers. beachmint executive layoff ecommerce reporting' According to BeachMint, the story is "not accurate", and that Berman and Berdakin remain 100% focused on the firm, and are fully backed by the company''s board. READ MORE>>.

Report 173

Report Layoffs Los Angeles Sales 173

Berkonomics

MAY 3, 2018

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.

Training 226

Training Layoffs Demand Resource 226

socalTECH

JUNE 6, 2013

The firm said it retains 93 full time equivalent employees at the company, including 57 in sales and marketing; the firm is now hoping the FDA will provide action on its NDA sometime this summer. zogenix pharmaceutical lifescience jobs employment layoff disorder drug development' READ MORE>>.

Layoffs 138

Layoffs San Diego Sales Product 138

socalTECH

FEBRUARY 28, 2014

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

San Diego Layoffs Equity Activity 170

socalTECH

JUNE 8, 2017

San Diego-based Inseego , the developer of the MiFi wireless hotspots, has aborted its plans to sell off its MiFi division to Chinese company TCL Industries Holdings (H.K.) Limited , and has embarked on a massive restructuring of the company.

Sales 113

Sales Technical Review San Diego Acquisition 113

socalTECH

FEBRUARY 4, 2009

Agoura Hills-based THQ , a developer and publisher of video games, said Wednesday that it is making "additional cost reduction actions" which includes the layoff of approximately 600 people, or 24 percent of the company's workforce. Tags: employment jobs layoff video content game. READ MORE>>.

THQ 100

THQ Agoura Hills Layoffs Agoura 100

Startup Professionals Musings

MAY 24, 2021

But most business processes, like negotiating a contract, closing a sale, customer support, or managing employees, are much more complicated than just words. I’m supportive of using text messaging for agreeing on a time and place for a customer visit, but when I read that text messages are the new pink slips for layoffs, that’s just wrong!

Layoffs 164

Layoffs Email Tool Study 164

socalTECH

APRIL 23, 2009

According to the firm, the cuts were a result of a "continuing weak outlook in 2009" for sales of its equipment, particularly in the U.S. Tags: sequenom genetic analysis employment layoff jobs. The firm said the cuts were made in its Genetic Analysis business.

Layoffs 133

Layoffs San Diego Sales Develop 133

socalTECH

JUNE 21, 2019

It's not necessarily to be the sales person, but to be able to sell me on the vision. We had to do a reduction-in-force and layoff early in our career, and I thought we were done. We aren't just technology, exclusively, but we're definitely on that side of it. What do you look for in entrepreneurs? That's not any one thing.

Southern California 133

Southern California Startup Layoffs Venture Capital 133

socalTECH

JULY 23, 2009

The revelation came as part of the firm's Q2 2009 results, when the firm said it had net sales of $91.2M, a 39% decrease from the $149.3M in sales it had in Q2 of 2008. Tags: power-one power supply employment jobs layoff. The firm said the cuts bring the company's reduction in headcount to 1300, or 29 percent of its staff.

Layoffs 100

Layoffs .Net Sales Product 100

TechCrunch LA

APRIL 30, 2019

The company has yet to enter mass production five years after its launch, mainly as a result of a series of financial issues that have ended in layoffs, unpaid wages, furloughs, property selloffs and much more. It has also put its 900-acre, $40 million property in Las Vegas up for sale.

Invest 143

Invest Layoffs Los Angeles Product 143

Berkonomics

SEPTEMBER 24, 2015

Usually leading up to the time positive cash flow is initially reached, the management team is not taking a market wage, payables are stretched, and any slowing of receivables collections would likely cause layoffs. So, rarely will this strategy or outcome enable investors to reap their target in a sale.

Layoffs 120

Layoffs Sales Acquisition Startup 120

socalTECH

JULY 29, 2009

on sales of $243.5M and sales of $137.6M The quarter, which ended June 30th, reversed a string of big losses and declines for the company over the last year, which resulted in major layoffs and studio closures at the firm in November and February. The positive results compared with a loss of $27.2M READ MORE>>.

THQ 100

THQ Agoura Hills Agoura Layoffs 100

socalTECH

APRIL 22, 2009

The announcement came as the firm reported first quarter 2009 sales of $440.3M, down from $451.8M The firm said that it had a sales decrease due to contracting commercial markets and the global recession. Tags: teledyne technologies employment jobs layoff aerospace electronics. in the same period last year.

Technical Review 100

Technical Review Thousand Oaks Technology Layoffs 100

socalTECH

JANUARY 15, 2009

Harman said the move will affect about 130 employees, including sales, marketing, and administration staff. Tags: jobs employment layoff harman international. Harman said that a limited number of its employees will be offered relocation.

Northridge 100

Northridge Layoffs Entertainment Sales 100

socalTECH

MAY 13, 2010

Tags: adaptec jobs layoff employment orange county lake forest.

Orange County 154

Orange County Sites Layoffs Patents 154

socalTECH

APRIL 16, 2009

TorreyPines said that Merriman Curhan Ford will help the firm assist in evaluating "strategic options," including sale of the company or its assets. The hiring of the bank follows the layoff of most of the firm's employees earlier this month.

Invest 100

Invest Layoffs Sales Help 100

socalTECH

APRIL 16, 2009

TorreyPines said that Merriman Curhan Ford will help the firm assist in evaluating "strategic options," including sale of the company or its assets. The hiring of the bank follows the layoff of most of the firm's employees earlier this month.

Layoffs 100

Layoffs Sales Invest Help 100

socalTECH

DECEMBER 12, 2008

in the fourth quarter for the layoffs, including severance for Riesenbach. The firm also reiterated its interest in a sale; the firm said it is still pursuing "strategic alternatives" with RBC Capital Markets. The firm will take a charge of $4.5M

Layoffs 100

Layoffs Sales Invest Capital 100

socalTECH

DECEMBER 9, 2019

Los Angeles-based on-demand, dog walking service Wag has bought back its stake from Softbank, and is now seeking a sale, according to CNBC. The sale comes less than two years after SoftBank invested $300M in Wag , via the SoftBank Vision Fund.

Demand 100

Demand Sales Los Angeles Invest 100

socalTECH

JUNE 10, 2009

The move follows the sale of its hallmark FAX business in February to j2, and turmoil and layoffs over the last two years as the firm's Internet call waiting service declined with the rise of broadband connectivity and corresponding drop in dial up usage.

Santa Barbara 100

Santa Barbara Southern California Layoffs Sales 100

Berkonomics

MARCH 3, 2016

These same CEOs sit in their corner offices and email the COO in the next–door office and call their VP of Sales rather than walking down the hall. Overnight, just about every company went into a hiring freeze and massive layoffs dominated the news. In just over eighteen months, we were on track to double in size.

Layoffs 120

Layoffs Ideas Email Social Network 120

socalTECH

MAY 25, 2016

San Diego-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. OneRoof Energy is backed by Black Coral Capital.

San Diego 113

San Diego Sales Invest Services 113

Berkonomics

OCTOBER 7, 2011

If there is no closer connection to the corporation, when times are tough for any reason, it is these employees that make it tough for management to gain understanding and consent for actions that must be made such as missing payrolls, making layoffs, or abandoning pre-announced plans.

Layoffs 136

Layoffs Class News Email 136

Startup Professionals Musings

AUGUST 1, 2013

Seasonal sales fluctuations eat cash. Fluctuating sales means more inventory is required to cover the ups and downs. If you try to vary the number of employees to match, that costs even more cash for hiring, firing, and layoffs. Sales volumes are still ramping up while marketing expenses are at max.

Startup 114

Startup Sales Layoffs Slides 114

socalTECH

DECEMBER 9, 2019

The sale comes less than two years after SoftBank invested $300M in Wag , via the SoftBank Vision Fund. Los Angeles-based on-demand, dog walking service Wag has bought back its stake from Softbank, according to CNBC.

Demand 100

Demand Los Angeles Sales Invest 100

socalTECH

AUGUST 11, 2017

NantHealth said it expects the sale and cuts to save it approximately $70M annually. According to NantHealth, the move will result in a "significant reduction" in its operating losses, and will allow its remaining engineering teams to focus on cancer. READ MORE>>.

Los Angeles 113

Los Angeles Sales Angel Company 113

Startup Professionals Musings

JANUARY 17, 2016

Seasonal sales fluctuations eat cash. Fluctuating sales means more inventory is required to cover the ups and downs. If you try to vary the number of employees to match, that costs even more cash for hiring, firing, and layoffs. Sales volumes are still ramping up while marketing expenses are at max.

Startup 64

Startup Sales Layoffs Slides 64

socalTECH

DECEMBER 19, 2016

San Diego-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.

San Diego 100

San Diego Education Sales Capital 100