article thumbnail

Glossier just laid off one-third of its corporate employees, mostly in tech

TechCrunch LA

The cuts, which amount to around one-third of Glossier’s corporate workforce, will primarily impact the company’s technology team. “[W]e W]e are shifting our technology strategy to leverage external partners for parts of our platform that we’re currently maintaining internally,” Weiss wrote in the email announcing the layoffs to staff.

CTO Hire 197
article thumbnail

RealD Cuts Staff, Downsizes Facilities

socalTECH

Los Angeles-based 3D movie project technology developer RealD said this morning that it has cut its headcount, and will be downsizing its facilities, as part of a expense reduction move. According to RealD, the cuts include the elimination of certain sales and marketing and research and development expenditures. READ MORE>>.

Layoffs 147
Insiders

Sign Up for our Newsletter

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

article thumbnail

Teledyne Technologies Lops Employees, To Close Facilities

socalTECH

Thousand Oaks-based Teledyne Technologies , an aerospace and electronics firm, announced Wednesday that the firm has cut six percent of its North American workforce, eliminated salary increases, cut employee stock option awards, and will also close or relocate five of its operating sites, as it looks to cut expenses.

article thumbnail

Websense To Move 470 Jobs To Texas

socalTECH

The move is part of a one-two-three punch to the San Diego technology community, as two Vista Equity-owned technology companies have been moved to Texas in as many weeks. websense jobs employment texas layoff' Vista Equity owns Websense, along with Omnitracs, which is also moving to Texas. READ MORE>>.

San Diego 170
article thumbnail

Beachmint: We're Still Alive, Kicking, Despite Reports

socalTECH

Los Angeles-based BeachMint , headed by Josh Berman and Diego Berdakin, has a message to the Los Angeles technology community: the company is still alive, kicking, and has the full support of its investors. BeachMint said that the firm has grown 40% year over year, in both sales and subscribers. READ MORE>>.

Report 173
article thumbnail

Inseego Aborts MiFi Sale, Launches Major Restructuring

socalTECH

Falcone said in a statement that the MiFi team was "one of the most innovative engineering teams in wireless technologies" before the company's "distracting acquisitions and the expansion into IoT hardware and modules". Inseego said it would immediately recommit to the Mi-Fi business. READ MORE>>.

Sales 113
article thumbnail

Interview with Minnie Ingersoll, TenOneTen Ventures

socalTECH

We all have backgrounds in technology, and it's what we understand the best. Sometimes what I say, is if brand is your moat, and you're a direct-to-consumer company, versus where you really have some technology, and you have some IP, that's the side of the spectrum we play on. What do you look for in entrepreneurs? We had ups and down.