Remove Demand Remove Layoffs Remove Report
article thumbnail

Demand Media Cuts 15, Says Report

socalTECH

Los Angeles-based Demand Media has juts cut fifteen members of the company''s research and development unit, according to a report from Variety. According to the report , the cuts included Chief Innovation Officer Byron Reese, and were a result of the abrupt resignation of CEO Richard Rosenblatt last week. READ MORE>>.

Demand 153
article thumbnail

Musk Ends Remote Work At Twitter, Demands 40 Plus Hours At Office

socalTECH

In more continuing turmoil at Twitter, new owner Elon Musk is reportedly ending the ability to work remotely at the social media company, and is demanding employees put in "at least" 40 hours in person at the office each week. The report--from Bloomberg--said that the new rules kick in immediately.

Demand 113
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Qualcomm Confirms FLO TV Shutdown Plans, Layoffs

socalTECH

San Diego-based Qualcomm confirmed Tuesday evening that it is considering shutting down its FLO TV, mobile television service, after reports that the firm is planning to shut off the service. Qualcomm said that--if it shuts down the service--it will make "appropriate refunds" and would order some layoffs related to the shutdown.

Layoffs 164
article thumbnail

Bird Dumps 400 Employees Via Zoom

socalTECH

Santa Monica-based Bird reportedly let 400 of its employees go on Friday, via a pre-recorded Zoom meeting, according to a report. The on-demand scooter company said it laid off 30% of its staff, saying "Layoffs are never easy or comfortable to do" and saying that the layoffs were done as a result of the COVID-19 pandemic.

Layoffs 124
article thumbnail

The Station: Via hits $2.25B valuation, letters from readers, layoffs in a time of COVID-19

TechCrunch LA

I’m your host Kirsten Korosec, senior transportation reporter at TechCrunch. ‘Micromobility winter on steroids’ That’s how RideReport CEO William Henderson described the current state of the micromobility industry in a recent interview with TechCrunch reporter Megan Rose Dickey. Deal of the week.

Layoffs 136
article thumbnail

Report: Bird Received PPP Loan, Laid Off Employees; Bird Disagrees

socalTECH

Santa Monica-based on-demand scooter company Bird received a PPP bailout loan worth at least $5 million, according to a report, but laid off nearly 400 employees anyway. According to the report, Bird claims it was "erroneously listed" in the list of companies put out by the Treasury Department today.

Report 113
article thumbnail

Report: Bird Received PPP Loan, Laid Of Employees; Bird Disagrees

socalTECH

Santa Monica-based on-demand scooter company Bird received a PPP bailout loan worth at least $5 million, according to a report, but laid off nearly 400 employees anyway. According to the report, Bird claims it was "erroneously listed" in the list of companies put out by the Treasury Department today.

Report 113