socalTECH

JANUARY 11, 2011

Amid rumors for weeks that Los Angeles-based MySpace has been planning massive layoffs, the firm said today that it is cutting 47 percent of its staff globally, or roughly 400 employees.

Layoffs 194

Layoffs Social Network Entertainment Los Angeles 194

socalTECH

OCTOBER 8, 2012

The anonymous tipster said that an interim management team is now seeing to sell the company after a severe layoff by its investors. READ MORE>>.

Marina Del Rey 133

Marina Del Rey Layoffs Commerce Tips 133

socalTECH

FEBRUARY 1, 2012

According to reports on gaming sites, the cuts are expected to be announced along with THQ's earnings tomorrow. If true, the layoffs would not be a surprise for the firm, which said just last week that it would be paring its efforts in kids games, completely exiting the area to focus instead on its core gamers.

THQ 124

THQ Report Layoffs Calabasas 124

socalTECH

NOVEMBER 18, 2009

Electronics Arts is shutting down Los Angeles-based Pandemic Studios , according to an internal note leaked to gaming news site Kotaku. Tags: electronic arts games content pandemic shutdown layoff. According to the note, Electronic Arts has laid off around 200 employees, and transitioned the rest to Electronic Arts' Los Angeles office.

Electronic Arts 145

Electronic Arts Layoffs News Los Angeles 145

socalTECH

MARCH 7, 2013

The celebrity-driven e-commerce firm, which is based in Los Angeles, hit a rough patch last year with a major layoff, and even as recently as this week has been in the midst of reorganizing and restructuring its operations, streamlining operations, and letting go of people that haven't been a match to the company.

Layoffs 153

Layoffs Commerce Los Angeles Organization 153

socalTECH

APRIL 28, 2009

Hollywood-based Buzz Media the venture backed content, media, and community site, has made more cuts , this time at the firm's Idolator blog. According to a post by one of its editors earlier this month, the site has cut "pretty much all" of Idolator's contributing writers, including columnists and daily bloggers. READ MORE>>.

Buzznet 100

Buzznet Media Layoffs Blogging 100

socalTECH

APRIL 22, 2009

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.

Technical Review 100

Technical Review Thousand Oaks Technology Layoffs 100

socalTECH

NOVEMBER 6, 2008

Los Angeles- and San Diego-based Veoh (www.veoh.com), an online video sharing site, has laid off 20 people, or roughly 18-20 percent of the firm's employees. The layoffs occurred yesterday, when employees were notified of the move.

Veoh 124

Veoh Layoffs San Diego SoCalTech 124

socalTECH

NOVEMBER 10, 2022

It's unclear what percentage of Twitter's remaining employee base is working remotely, however, during the pandemic, significant percentages of employees across technology companies scattered to remote work sites, with employees at companies even selling their homes to move to more desirable locations where they could work remote full time.

Demand 113

Demand Social Media Report Sites 113

Startup Professionals Musings

AUGUST 7, 2020

Even a million users on your social media site won’t pay the bills until you sell some advertising or a premium service. This means identifying initiatives early, communicating openly with your team, and asking for their help on the dilemmas of production cuts and layoffs. Initiate succession planning for all roles, including yours.

Technical Review 124

Technical Review Layoffs Social Media Metrics 124

socalTECH

MAY 23, 2012

In what is a huge blow to Silicon Beach, Santa Monica-based BetterWorks , the software-and-technology-meets-employee-perks startup run by Paige Craig, told its users today that it is sunsetting its site on May 31st.

Santa Monica 275

Santa Monica Redpoint Email Activity 275

socalTECH

JANUARY 15, 2009

Our startup interview this morning is with Josh Stomel , founder of ResumeBucket (www.resumebucket.com), a new web site that is focused on helping people share their resumes with the world. Stomel--who is bootstrapping the startup from his recruiting firm, NeoHire--explained the site to us. What's the idea behind the site?

Startup 140

Startup Yahoo Sites Oversee.net 140

socalTECH

JANUARY 16, 2013

Lockerz , the Seattle-based social shopping and e-commerce site backed by Kleiner Perkins Caufield & Byers, has axed the company's San Diego office, in addition to laying off around 30 percent of its staff.

San Diego 164

San Diego Commerce Acquisition Sites 164

Startup Professionals Musings

JUNE 22, 2015

The good news is that recent big company financial woes and layoffs have generated a flood of candidates with real experience seeking positions at startups. Most startups don’t have the time or resources to send team members to formal training classes, either in-house or off-site. This doesn’t work in a startup.

Startup 99

Startup Mentor Layoffs News 99

socalTECH

OCTOBER 26, 2011

Santa Monica-based Mahalo , the online content and information site run by Jason Calacanis, has laid off 25 percent of its employees, according to a report today. AllThingsD, which confirmed the cuts with President Jason Rapp, said the move is part of a shift to product online videos. READ MORE>>.

Mahalo 140

Mahalo Santa Monica Content Report 140

socalTECH

DECEMBER 13, 2011

Woodland Hills-based United Online , has reportedly cut its staff at unit MemoryLane in Seattle, eleven months after transforming what was an online networking site into one focused on nostalgia. The report said an unspecified number of staff were cut across multiple functions at the company.

Woodland Hills 140

Woodland Hills Report Sites Networking 140

socalTECH

SEPTEMBER 29, 2008

Los Angeles-based Uber, the online social networking web site run by former Friendster CEO Scott Sassa, has shut down. According to the firm's web site, as of September 29, the firm's investors have decided to stop supporting the site, and the company has closed its doors. Uber blamed the crisis in the economy for the shutdown.

Slides 100

Slides Social Network Web Blogging 100

socalTECH

MARCH 2, 2011

Santa Monica-based Mahalo , the online human-curated news and search site headed by Jason Calacanis, has cut 10 percent of its staff, according to reports. According to a report by CenterNetworks, the changes were a reaction to the search algorithm and quality changes made by Google last week.

Mahalo 133

Mahalo Report Santa Monica Guide 133

Xconomy

JULY 15, 2016

. —Big Merck shuffle: The drug giant will open new labs later this year in Cambridge focused on microbiome research, and another site in South San Francisco focused on cardiometabolic disease and oncology discovery. —In other Merck news, U.K.

News 40

News Technical Review San Diego Startup 40

socalTECH

DECEMBER 12, 2008

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.

Woodland Hills 100

Woodland Hills Social Network Report Sites 100

socalTECH

NOVEMBER 24, 2008

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. According to the publication, citing a representative of the firm, Buzznet has eliminated 10 employees, from a total of 89 staff.

Buzznet 100

Buzznet Report Anthem Redpoint 100

socalTECH

OCTOBER 22, 2008

Santa Monica-based Mahalo, the search and news site run by Jason Calacanis, has cut 10 percent of the firm's staff, Calacanis said in a post on his blog Wednesday. Calacanis said that the moves were due to a "challenging economic environment."

Mahalo 100

Mahalo Santa Monica News Summary 100

socalTECH

OCTOBER 24, 2008

Beverly Hills-based online entertainment site Break.com has reportedly laid off 11 staffers, according to a report by CNET.

Break.com 100

Break.com Beverly Hills Report Entertainment 100

Tech Zulu Event

JULY 6, 2013

You got flash sales and group sales sites coming to us and basically have the same general business idea: shoot out a couple million emails to potential customers, saying they have tickets that are on sale. I had to close the doors of businesses and layoff people. Selling seats was very challenging.

Startup 79

Startup Pricing Entertainment Sales 79

Tech Zulu Event

JULY 6, 2013

We had flash sales and group sales sites coming to us with the same general business idea: shoot out a couple million emails to potential customers saying they have tickets on sale. I had to close the doors of businesses and layoff people. Selling seats was very challenging.

Startup 61

Startup Pricing Entertainment Education 61