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LSI Cuts Jobs In Southern California

socalTECH

LSI Corporation , a developer of data storage products, has cut a product line it had been developing in Southern California, resulting in the layoffs of employees in Irvine and Westlake Village, as well as Israel and Silicon Valley. Sources close to LSI confirmed the layoffs.

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Report: Tech Layoffs At Highest Level In Three Years

socalTECH

You may not see it here in Southern California's high tech sector--which has been booming, due to a surge of startup and accelerator activity--but apparently, the technology sector has seen its highest level of layoffs in three years, according to a report today. Image courtesy Bigstock.com READ MORE>>.

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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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Disney Cancels Tech Layoffs In Burbank

socalTECH

Disney/ABC Television , which had planned to replace about 35 information technology workers split between its New York and Burbank offices with imported H-1B workers from an outsourcer, has abruptly cancelled those plans. The move by Disney--as well as a similar one at Southern California Edison--has triggered an investigation by the U.S.

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Insights and Opinions: How To Survive A Layoff

socalTECH

For our Insights & Opinions section today, Cathy Ashbaugh, President of Pacific Shore Resources, a local recruiting firm, gives some well timed advice on how to handle a layoff: As we enter into the second quarter of 2009 we are beginning to see small signs of hope and improvement in the economy. Yet, we are not out of the woods.

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Interview with Minnie Ingersoll, TenOneTen Ventures

socalTECH

Minnie Ingersoll: I grew up here in Southern California, in Pasadena, and have been in the Bay Area for a number of years, and just became a new partner at TenOneTen Ventures. TenOneTen Ventures is an early stage, seed investor here in Southern California. I think the world of health is so interesting right now.

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

socalTECH

In our Friday Southern California technology news roundup: The economy continues to be in the news this week, as Broadcom is cutting 200 employees as it sees a glum Q1. Turning to venture capital, it looks like Southern California venture capitalists are mostly missing from the Forbes Midas List this year.