socalTECH

NOVEMBER 14, 2017

The bankruptcy follows a layoff of all of the company's employees in July , when it said it was unable to raise money to further fund its spacecraft development efforts. At the time of the layoffs, it said it would be continuing to look for funding.

Layoffs 113

Layoffs Southern California Email Report 113

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>>.

Layoffs 159

Layoffs Google Hollywood Content 159

socalTECH

MAY 15, 2020

Syndio , a developer of software being used by companies to help fix pay inequities in the workplace--and whose co-founder is based in LA--has raised $7.5M Syndio's software is used to analyze employee compensation in real time, determining how hiring, promotion, layoffs, and other factors change pay equity. in a Series A funding.

Layoffs 113

Layoffs Equity Los Angeles Software 113

Xconomy

JULY 10, 2019

Precision IBD, which is also based in San Diego, is a drug and diagnostic developer that’s focused on inflammatory bowl disease, and has a direct tie to Prometheus: Precision’s chief medical officer, Steph Targan, is a co-founder of Prometheus.

Layoffs 91

Layoffs San Diego Develop Development 91

socalTECH

DECEMBER 12, 2012

It looks like Southern California's emerging electric automobile industry has definitively hit the skids, as Santa Monica-based electric auto developer Coda Automotive laid off 50 employees Tuesday. The layoffs--first reported by PlugInCars--apprently included a "substantial part" of its sales and marketing staff. READ MORE>>.

Layoffs 157

Layoffs Southern California Santa Monica News 157

Tech.Co

OCTOBER 31, 2022

A huge number of tech companies have made layoffs in 2022 , whilst others have taken advantage of video conferencing software and other remote collaboration tools to offer flexible working arrangements and retain the best talent. Survey Says: Go Your Own Way.

Layoffs 128

Layoffs Report Tool Software 128

socalTECH

AUGUST 29, 2013

Size of the layoffs have not been announced. The layoffs, which were first reported by GameSpot, also affected Sony Online Entertainment''s Austin operations. sony online entertainment jobs employment diego mmorpg videogame development' READ MORE>>.

San Diego 147

San Diego Layoffs Entertainment Report 147

socalTECH

APRIL 20, 2020

Costa Mesa-based artificial intelligence software developer Veritone --which is publicly traded on the NASDAQ as VERI--reported that it has received a total of $6.5M The company said the loans, from Sunwest Bank, will allow it to continue operations without salary reductions, layoffs, or furloughs.

Artificial Inteligence 113

Artificial Inteligence Layoffs .Net Software Development 113

socalTECH

SEPTEMBER 15, 2016

Sony has cut more than 50 employees in San Diego, at its Sony San Diego Studio , which develops videogames such as Kill Strain and MLB. According to reports , the layoffs are part of a wider cut in its videogaming operations which also included workers in London. READ MORE>>.

San Diego 100

San Diego Layoffs Report Develop 100

socalTECH

DECEMBER 18, 2018

UK-based augmented reality technology developer Blippar , which had been backed by Qualcomm Ventures, has gone into administration in the UK--their equivalent of bankruptcy--after failing to obtain new funding for the company. Blippar said it expects a court appointed administrator to find a buyer for all or parts of the business.

Layoffs 133

Layoffs Content Funding Invest 133

socalTECH

MARCH 8, 2018

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.

Layoffs 124

Layoffs Social Network Venice Report 124

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>>.

Demand 153

Demand Media Report Layoffs 153

socalTECH

SEPTEMBER 15, 2014

Boulder Electric Vehicles , a startup developing electric powered has shut down its production facility in Chatsworth, as the company looks for a buyer. 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

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. According to RealD, the cuts include the elimination of certain sales and marketing and research and development expenditures. READ MORE>>.

Layoffs 147

Layoffs Hollywood Research Los Angeles 147

socalTECH

MARCH 17, 2017

Simi Valley-based Qualstar , the developer of data storage and high efficiency power supplies, says it continues to look at "strategic options" for the business, as it reported yet another quarter of declining revenues. According to Qualstar, it had a loss of $0.4 million on revenues of $2.2M for the quarter ended December 31, 2016.

Layoffs 113

Layoffs .Net Report Competition 113

socalTECH

MARCH 21, 2013

Powerwave Technologies , a developer of wireless antennas and amplifiers, is cutting 182 employees in Santa Ana, according to a WARN notice from the state. The layoffs were first uncovered by the OC Register. Powerwave has been in bankruptcy since January. READ MORE>>.

Layoffs 138

Layoffs Technology Develop Development 138

socalTECH

SEPTEMBER 17, 2013

San Diego-based biopharmaceuticals developer Ocera Therapeutics said today that it has closed its operations site in Sherbrooke, Quebec, as part of a restructuring. Ocera is developing treatments for acute and chronic orphan liver diseases. The closure means the loss of 17 employees in that location. READ MORE>>.

Sites 147

Sites Layoffs San Diego Product 147

socalTECH

JULY 6, 2017

XCOR--which has been working on developing a "space plane" since at least 2005--said the layoffs came due to "adverse financial conditions", although it apparently is still looking for funding. XCOR has apparently laid off all of its employees , due to the inability of the company to raise money.

Fandango 113

Fandango Layoffs Southern California Funding 113

socalTECH

JUNE 3, 2013

SGN put out a list of hires today from Zynga''s FarmVille and other teams, saying that it has been snapping up a number of Zynga''s best developers. Although the layoff at Zynga does put a lot of talent on the market, Dewolfe said that it won''t be accelerating its rate of hiring. READ MORE>>.

Layoffs 157

Layoffs Content Mobile Los Angeles 157

socalTECH

APRIL 5, 2013

Amylin Pharmaceuticals as a developer of diabetes drugs. amylin pharmaceuticals diego biotech lifescienec employee jobs layoff' The move was first reported by the U-T San Diego. READ MORE>>.

San Diego 153

San Diego Layoffs News Acquisition 153

socalTECH

MARCH 11, 2015

Onyx Pharmaceuticals develops treatments for multiple myelomas. amgen jobs employment biotech cancer lifescience biosceience layoff' Amgen plans to transfer workers in San Francisco back to its Thousand Oaks headquarters. Amgen acquired Onyx Pharmaceuticals in 2013, in a $10.4 billion deal. READ MORE>>.

Thousand Oaks 100

Thousand Oaks Layoffs Develop Development 100

socalTECH

JANUARY 14, 2011

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.

Southern California 145

Southern California Westlake Village Layoffs Networking 145

socalTECH

APRIL 18, 2012

The unexpectedly higher results are welcome news at the videogame maker, which has been in the throes of layoffs and restructuring since last year.

THQ 124

THQ Agoura Hills Layoffs Agoura 124

socalTECH

JUNE 6, 2013

zogenix pharmaceutical lifescience jobs employment layoff disorder drug development' The firm said it retains 93 full time equivalent employees at the company, including 57 in sales and marketing; the firm is now hoping the FDA will provide action on its NDA sometime this summer. READ MORE>>.

Layoffs 138

Layoffs San Diego Sales Product 138

socalTECH

MARCH 14, 2014

Aliso Viejo-based network hardware developer QLogic said late Thursday that it has completed its acquisition of the 10/40/100Gb Ethernet controller assets from Broadcom , as well as cut staff as part of a restructuring effort related to the move. The acquisition deal had been announced in February. READ MORE>>.

Layoffs 149

Layoffs Acquisition Networking Activity 149

TechCrunch LA

MARCH 3, 2019

There will be some layoffs as a result. Tesla also has two other models that are waiting in the wings — the Roadster and the Tesla Semi, which are both under development. The stores that remain, in high-traffic locations, will be turned into information centers, Musk said on a call with reporters.

Design 272

Design Layoffs Pricing Los Angeles 272

socalTECH

MARCH 12, 2015

Superconductor Technologies , the developer of superconducting wire and wireless component which has operations in Santa Barbara, has cut nearly a third of the company''s jobs in February, and reduced its staff to 30. layoff jobs barbara santa santabarbara employment wireless wire technologies superconductor' READ MORE>>.

Technical Review 100

Technical Review Santa Barbara Technology Layoffs 100

socalTECH

APRIL 19, 2013

It all looked good at the time: oil company Exxon needed to develop a more earth-friendly way to produce oil, and San Diego startup Synthetic Genomics needed funding to get its technology off the ground. But then, ExxonMobil cut back its original investment--worth up to $600M--in Synthetic Genomics. What happened? READ MORE>>.

Layoffs 159

Layoffs Outsource Development San Diego Mobile 159

socalTECH

FEBRUARY 28, 2014

San Diego-based cybersecurity developer Websense announced Friday that it is officially moving its headquarters to Austin, Texas, and moving 470 jobs to the city. websense jobs employment texas layoff' READ MORE>>.

San Diego 170

San Diego Layoffs Equity Activity 170

socalTECH

FEBRUARY 2, 2012

The layoffs come after the firm missed Wall Street estimates, with revenues of $404.4M. THQ said the cuts would save the firm approximately $160M annually between general and administrative costs and product development. THQ also cut the salary of President and CEO, Brian J.

THQ 124

THQ Layoffs Agoura Organization 124

socalTECH

FEBRUARY 1, 2012

Calabasas-based videogame developer THQ has reportedly cut 170 of its employees, according to reports Wednesday. If true, the layoffs would not be a surprise for the firm, which said just last week that it would be paring its efforts in kids games, completely exiting the area to focus instead on its core gamers.

THQ 124

THQ Report Layoffs Calabasas 124

socalTECH

JANUARY 16, 2012

Rumors have been swirling around Agoura Hills-based THQ since this weekend, when a gaming industry analyst, Peter Skerritt, reported that the videogame maker was either looking for a buyer or shutting down its videogame development efforts, cancelling its 2014 lineup. as part of an "ongoing review" of its business. READ MORE>>.

THQ 145

THQ Agoura Hills Layoffs Agoura 145

socalTECH

MAY 23, 2012

Heavily backed, concentrating solar photovoltaic technology developer Amonix , which is based in Seal Beach, is set to lay off 76 workers across its offices in California, according to regulatory filings with the state. Amonix is heavily backed by Kleiner Perkins, Westly Group, and Angeleno Group, raising a huge, $129.4M round in 2010.

Layoffs 133

Layoffs Technical Review Funding Technology 133

socalTECH

DECEMBER 11, 2009

San Diego-based Verari Systems , a developer of blade server technology, has shut down, according to publication InsideHPC. Tags: verari systems blade server shutdown employment jobs layoff. According to InsideHPC, Verari Systems shut down due to lack of access to capital. READ MORE>>. READ MORE>>.

Layoffs 133

Layoffs Technical Review San Diego Report 133

socalTECH

JULY 2, 2012

Battered videogame developer THQ , which has been suffering from a downturn in its business, said today that it is planning a 1-for-10 reverse stock split, in order to raise its per share trading price so that it will regain compliance with a $1.00 per share, minimum bid price required by the NASDAQ Global Select Market. READ MORE>>.

THQ 124

THQ Layoffs Pricing Marketing 124

socalTECH

FEBRUARY 3, 2010

Agoura Hills-based video game maker THQ said Wednesday afternoon that it is laying off around 60 employees, as part of a reorganization of its Juice Games and Rainbow Studios development studios. Tags: reorg employment jobs layoff videogame content games. The firm said the new studios will focus on digitally distributed games.

THQ 150

THQ Agoura Hills Layoffs Agoura 150

socalTECH

MAY 13, 2010

Storage hardware developer Adaptec is shutting down its Lake Forest, Orange County site, according to sources close to the company. 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.

Orange County 154

Orange County Sites Layoffs Patents 154