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Snap Cuts 120 Engineers, Citing Job Performance

socalTECH

Venice, California-based social networking app developer Snap Inc. The layoffs represent around 10 percent of Snap's engineering team. has laid off more than 120 engineers, according to reports based on internal emails being circulated from the company, saying it had cut its "lowest performing" engineers in recent job reviews.

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Report: Snap Chops 100 More Employees

socalTECH

Venice-based Snap has cut another 100 of its employees , according to reports on Thursday, as it continues to trim its workforce. The cuts this time apparently came from the advertising side of Snap, and follows a big layoff of engineers in February. READ MORE>>.

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RadPad Acquired After Rough 2016

L.A. Business Journal

Apartment listing service RadPad of Venice was bought by tenant-screening service LandlordStation of Dallas for an undisclosed amount, following a tough year that included layoffs and court battle with Craigslist.

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Viddy Chops Staff

socalTECH

Venice-based mobile video app developer Viddy has cut one third of its staff, the firm said Monday. The cuts of 12 employees come shortly after the company's board parted ways with its co-founder and CEO, Brett O'Brien.

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Whisper Chops Staff

socalTECH

Venice, California-based Whisper , which operates an app and website that lets users share anonymous thoughts--and combines that with other content--has reportedly laid off 20 percent of its staff, or 14 out of its 71 employees, according to a report on Friday. Whisper, led by Michael Hayward, has raised $61M in total funding. READ MORE>>.

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Snapchat Retreats From Original Content

socalTECH

Venice-based Snapchat has shut down its original content efforts, and laid off around 15 people who were working on the Snap Channel, according to Deadline. Snapchat had launched its original content efforts in January, to develop its own original content and music for the service. READ MORE>>.

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