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CityGrid Slashes Staff

socalTECH

Citygrid did not respond to emails for comment yesterday from socalTECH, however, TechCrunch is placing the size of the cuts at 15 percent of the company. Initial news of the cuts, which were made in the last couple of days, came through recruiters and others close to the company. READ MORE>>.

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Source: Adaptec Shutting Down Lake Forest Site

socalTECH

No details on the shutdown have been given, and Adaptec has not returned emails and phone calls requesting confirmation of the move. Adaptec moved into Lake Forest in August of 2008, when it acquired Aristos Logic , a developer of RAID chips and technology. Tags: adaptec jobs layoff employment orange county lake forest.

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BetterWorks Shutting Down On May 31st

socalTECH

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.