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Report: Activision Blizzard Planning Massive Layoffs

socalTECH

Santa Monica-based Activision Blizzard is planning a set of massive layoffs, which may affect hundreds of people, according to a report on Friday. According to Bloomberg, Activision Blizzard is planning to lay off hundreds of people as it restructures to boost its profitability.

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Report: Snap Paid Settlements To Three Female Employees Over Layoffs

socalTECH

Santa Monica-based Snap , the developer of Snapchat, has reportedly paid settlements to three women who were laid off last year, according to a report today. report said the settlements came after Snap apparently eliminated only women from a number of its teams in a layoff which the lawsuits said disproportionately targeted women.

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Layoffs Hot Keyword for Second Half of January 2009

SoCal CTO

But, in running it now for the second half of January, the keyword that popped to the top was: Layoffs And this is definitely a sign of the times. This hot list is based on various social signals of what people are writing about, reading, bookmarking, searching, etc. You can go to the Hot List post to see what was hot then. Here's the rest.

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Bird Dumps 400 Employees Via Zoom

socalTECH

Santa Monica-based Bird reportedly let 400 of its employees go on Friday, via a pre-recorded Zoom meeting, according to a report. The on-demand scooter company said it laid off 30% of its staff, saying "Layoffs are never easy or comfortable to do" and saying that the layoffs were done as a result of the COVID-19 pandemic.

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BetterWorks Goes From Feast To Famine With Layoffs

socalTECH

A report today from PandoDaily said that Santa Monica-based BetterWorks has terminated all of its sales and marketing staff, and half of its operations team. The move is an abrupt shift from feast to famine for BetterWorks, the high profile employee fringe benefits startup headed by prolific angel investor Paige Craig.

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Coda Automotive Lays Off 50

socalTECH

It looks like Southern California's emerging electric automobile industry has definitively hit the skids, as Santa Monica-based electric auto developer Coda Automotive laid off 50 employees Tuesday. The layoffs--first reported by PlugInCars--apprently included a "substantial part" of its sales and marketing staff.

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Friday roundup: More layoffs, venture roundup, growth at firms, and more

socalTECH

And, on a sad note, Martin Schaedel -- well known to many in the Los Angeles technology community, and a contributor of photos to socalTECH-- has died in a plane crash at the Santa Monica airport. TheWrap --focused on Hollywood and entertainment news-- announced funding from Maveron on Monday.