socalTECH

APRIL 1, 2009

San Diego- and Los Angeles-based online video site Veoh is reportedly in the midst of a "major restructuring," according to a report from VentureBeat. Quoting a "source close to the company" VentureBeat said that the layoffs would be "drastic." Tags: veoh layoff jobs video content. READ MORE>>.

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Veoh Layoffs Report San Diego 100

socalTECH

SEPTEMBER 5, 2014

Los Angeles-based Nasty Gal , the online women''s wear retailer led by Sophia Amoruso, has reportedly laid off 10 percent of its staff, or over 20 employees, according to fashion industry reports. Nasty Gal said in a statement that the moves are part of a move to "strategically re-organize" its business. READ MORE>>.

Layoffs 138

Layoffs Report Los Angeles Organization 138

socalTECH

JULY 1, 2013

The layoffs--reported by TechCrunch-- reportedly affected 130 people. It''s unclear how many of those staff are based in Los Angeles, but CityGrid has a significant presence in the LA area. The new cuts follow an earlier layoff in October of 2012, which also resulted in the loss of a number of positions in Los Angeles.

CitySearch 190

CitySearch West Hollywood Layoffs Report 190

socalTECH

MAY 17, 2012

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. 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.

Layoffs 187

Layoffs Santa Monica Acquisition Report 187

socalTECH

MARCH 20, 2019

Los Angeles-based electric car maker Faraday Future , in a bid to stay afloat, has sold off its headquarters to a real estate investor, according to a report on Wednesday. The report says Faraday Future is leasing back the headquarters, which it sold to real estate investor Atlas Capital, for around $10M. READ MORE>>.

Report 113

Report Layoffs Los Angeles Capital 113

socalTECH

MAY 23, 2012

CyberDefender had briefly been one of the fastest growing companies in the Los Angeles area in the last few years, but apparently had been unable to sustain that growth or reach profitability. one of its investors. READ MORE>>.

Layoffs 133

Layoffs Los Angeles Software Services 133

socalTECH

SEPTEMBER 2, 2009

Santa Ana-based TTM Technologies , a printed circuit board manufacturer, announced late Tuesday that the firm is closing both its Los Angeles and Hayward, California facilities, resulting in the layoff of 347 employees. TTM said that it had employed 263 full-time employees in Los Angeles, and 84 full-time employees in Hayward.

Los Angeles 133

Los Angeles Technical Review Layoffs Technology 133

socalTECH

NOVEMBER 6, 2014

In a major Los Angeles area layoff, daily deals and offers service LivingSocial is closing a sales facility in Torrance, and cutting 400 employees throughout the company, as part of a restructuring. livingsocial torrance layoff jobs employment daily deals restructuring marketing' READ MORE>>.

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Torrance Layoffs Los Angeles Sales 138

socalTECH

MAY 15, 2020

Syndio's headquarters are in Seattle, but co-founder and Chief Data Scientist Zev Eigen is based in Los Angeles. Syndio's software is used to analyze employee compensation in real time, determining how hiring, promotion, layoffs, and other factors change pay equity. The company's CEO is Maria Colacurcio.

Layoffs 113

Layoffs Equity Los Angeles Software 113

socalTECH

SEPTEMBER 18, 2013

Los Angeles-based YouTube network Machinima announced Wednesday afternoon that it has laid off 10 percent of its employees, or 22 employees out of a current staff of 206, as part of a shift in its programming plans. The company said the layoffs come as part of an "increased commitment to premium programming". READ MORE>>.

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Layoffs Hollywood Venture Capital Content 133

socalTECH

MARCH 7, 2014

Los Angeles-based online content developer Machinima said Thursday that it has laid off 42 people at the company, all from its sales force, as the company continues to struggle with low ad rates and the large chunk of revenues that are claimed by Google from multi-channel networks. READ MORE>>.

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Layoffs Google Hollywood Content 159

socalTECH

MARCH 1, 2019

A new report says that there are now a total of 11 lawsuits filed against troubled Los Angeles-based electric car maker Faraday Future , as it struggles to restart its operations after massive layoffs after its main investor, Evergrande Health, pulled its support from the firm.

Report 113

Report Layoffs Los Angeles Funding 113

socalTECH

OCTOBER 30, 2018

Troubled, Los Angeles-based electric vehicle startup Faraday Future has lost a key electric vehicle designer, among a number of layoffs at the company over the last few weeks, according to a report.

Design 113

Design Report Layoffs Los Angeles 113

socalTECH

DECEMBER 5, 2008

Computer game maker Activision Blizzard is apparently cutting jobs in El Segundo and Los Angeles, according to a filing with the California Employment Development Department. California requires companies to give employees at least 60 day notice of mass layoffs.

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Activision Los Angeles El Segundo Layoffs 124

socalTECH

SEPTEMBER 15, 2014

boulder electric vehicles shutdown angeles cleantech truck auto transportation layoff' Boulder Electric Vehicles had been developing medium- and light-duty electric trucks, aimed at the corporate and municial market READ MORE>>.

Chatsworth 138

Chatsworth Layoffs News Report 138

socalTECH

OCTOBER 25, 2013

Los Angeles-based Demand Media has juts cut fifteen members of the company''s research and development unit, according to a report from Variety. demand media layoff jobs employment richard rosenblatt turnover content' READ MORE>>.

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Demand Media Report Layoffs 153

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. The firm continues to have operations in Los Angeles and San Diego.

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Veoh Layoffs San Diego SoCalTech 124

socalTECH

DECEMBER 15, 2012

News of the layoffs first trickled out via Twitter from many of the firm's former employees. Los Angeles-based Machinima has been one of the most highly watched of a crop of local companies tackling creating and distributing content on YouTube.

Layoffs 159

Layoffs News Content Los Angeles 159

socalTECH

APRIL 10, 2014

Los Angeles-based Zumbox , a startup which had been looking to store and deliver information which normally would be delivered via mail in a digital form, is shutting down its services, as of next Monday, April 14th. zumbox postal delivery mail shutdown employment jobs layoff' READ MORE>>.

Zumbox 157

Zumbox Layoffs Los Angeles Invest 157

socalTECH

OCTOBER 8, 2018

Los Angeles-based electric car maker Faraday Future is facing new financial woes this morning, after the Chinese company which bailed out the company at the end of 2017 filed notice that it would seek to terminate a deal to invest a total of $2 billion into Faraday Future, reached last year. READ MORE>>.

Layoffs 113

Layoffs Los Angeles Invest Report 113

socalTECH

DECEMBER 4, 2014

Los Angeles-based 3D movie project technology developer RealD said this morning that it has cut its headcount, and will be downsizing its facilities, as part of a expense reduction move. reald layoff jobs employment hollywood movie projection theater' READ MORE>>.

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Layoffs Hollywood Research Los Angeles 147

socalTECH

JUNE 3, 2013

One of those companies, Los Angeles-based SGN , is already benefiting from the turmoil over at Zynga, saying Monday afternoon that it has hired a new pool of talent from Zynga, including a number of artists, an executive, game designer, and UI/AX artist. zynga layoff jobs employment hiring videogame content game social mobile'

Layoffs 157

Layoffs Content Mobile Los Angeles 157

socalTECH

SEPTEMBER 28, 2012

Los Angeles-based BeachMint , the online e-commerce and celebrity startup, has quietly let go of some staff this Friday, in what an insider called a "slight trim" of the firm's employee base. News of the layoffs first hit began circulating right before noon.

Layoffs 203

Layoffs Commerce News Los Angeles 203

socalTECH

JUNE 3, 2013

Those cuts have resulted in the shutdown of Zynga''s Los Angeles office. zynga cuts layoffs employment jobs angeles content videogame video mobile social' San Francisco-based Zynga has detailed the cuts at the company, saying it has laid off approximately 520 employees, or 18 percent of its global workforce. 39 million to $28.5

Layoffs 138

Layoffs .Net Content Mobile 138

socalTECH

OCTOBER 4, 2012

Los Angeles-based ShoeDazzle has cut a significant amount of its staff, according to sources, saying that the company had "major layoffs" Thursday morning. ShoeDazzle's public relations firm could not comment on the report, and the company had yet to reply to requests forwarded to them at press time.

Report 185

Report Layoffs Commerce Press 185

socalTECH

JANUARY 30, 2009

For more on the economy, Janine Davis, a guest contributor and recruiter in Los Angeles, talks about The State of Technical Recruiting in Los Angeles in our Insights and Opinions section. Andrew Warner of Mixergy also digs into the Dot Com archives for some advice on what you can learn from the (last) Internet Bubble.

Southern California 100

Southern California Layoffs Mixergy News 100

socalTECH

JULY 3, 2013

Los Angeles-based BeachMint , headed by Josh Berman and Diego Berdakin, has a message to the Los Angeles technology community: the company is still alive, kicking, and has the full support of its investors. beachmint executive layoff ecommerce reporting' READ MORE>>.

Report 173

Report Layoffs Los Angeles Sales 173

socalTECH

FEBRUARY 23, 2015

Los Angeles-based YouTube network Machinima revealed last week that it has raised $24M in a funding round from Warner Bros., investment employment jobs layoff warner capital venture machinima' along with Redpoint Ventures, MK Capital, Coffin Capital and Allen DeBevoise. READ MORE>>.

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Layoffs Redpoint Hollywood Report 100

socalTECH

MARCH 5, 2009

Los Angeles-based ManiaTV has shut its doors, after failing to find a buyer, according to the firm. Last month, the firm's CEO, Peter Hoskins, told socalTECH that the "Most of what we do is consistently profitable, by design. Tags: jobs employment layoff video comerica content maniatv shutdown.

Layoffs 100

Layoffs SoCalTech Content Web 100

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 12, 2016

Los Angeles-based fashion website NastyGal is apparently in the midst of a "cram down" round--a round where the current shareholders in a company essentially reset the equity structure of a company that usually forces non-participating investors to lose most, if not all of their stake in the company.

Report 100

Report Layoffs Equity Los Angeles 100

socalTECH

FEBRUARY 27, 2015

Los Angeles-based online fashion retailer Nasty Gal has raised $12.7M, as part of an ongoing venture funding targeted at $16M, according to a regulatory filing by the firm this week. Nasty Gal founder Sophia Amoruso recently stepped down as CEO , and the company had some major layoffs last September. READ MORE>>.

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Layoffs Venture Capital Los Angeles Funding 100

socalTECH

JULY 18, 2012

Seal Beach-based photovoltaic power firm Amonix has shut its Las Vegas factory, according to a report from the Los Angeles Review-Journal, some further bad news for the heavily backed solar panel manufacturer. The firm has had a series of layoffs since then. Amonix--which had raised $129.4M

Report 124

Report Layoffs Journal News 124

socalTECH

JULY 30, 2012

Los Angeles-based digital media publisher BUZZMEDIA is wasting no time reshaping SPIN Magazine , the venerable music and culture publication it acquired earlier this month, and is reportedly already cleaning house.

Layoffs 124

Layoffs Entertainment Report Los Angeles 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. According to the note, Electronic Arts has laid off around 200 employees, and transitioned the rest to Electronic Arts' Los Angeles office. EA bought Pandemic in 2007, in a deal worth $775M.

Electronic Arts 145

Electronic Arts Layoffs News Los Angeles 145

socalTECH

JANUARY 15, 2009

Los Angeles-based Oversee.net is not immune to the stormy economy, and told socalTECH Thursday that is cutting 18 percent of the firm's workforce, or a total of 38 people, including some managers. Tags: employment layoff domainer oversee angeles domain. READ MORE>>.

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Oversee.net Layoffs Conference SoCalTech 100

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