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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>>.
The Huffington Post is abandoning its video effort, HuffPo Live , in Los Angeles, according to a report today, and is laying off around 20 staffers from its office here. HuffPo Live was launched about a year to, to provide live-streaming, video coverage to the Huffington Post site. READ MORE>>.
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Calabasas-based videogame developer THQ has reportedly cut 170 of its employees, according to reports Wednesday. According to reports on gaming sites, the cuts are expected to be announced along with THQ's earnings tomorrow. The report of the cuts apparently came via gaming insider Kevin Dent.
Woodland Hills-based United Online , has reportedly cut its staff at unit MemoryLane in Seattle, eleven months after transforming what was an online networking site into one focused on nostalgia. The report said an unspecified number of staff were cut across multiple functions at the company.
Santa Monica-based Mahalo , the online human-curated news and search site headed by Jason Calacanis, has cut 10 percent of its staff, according to reports. According to a report by CenterNetworks, the changes were a reaction to the search algorithm and quality changes made by Google last week.
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. Other deals: Qcraft.ai
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 news was first reported by Paidcontent. READ MORE>>
Hollywood-based, music-related blog and content firm Buzznet has reportedly cut employees, according to a report from Digital Music News. Buzznet operates an online social networking and social media site focused on music and bands, and is backed by Anthem Ventures, Interscope, Redpoint Ventures, and others.
Thousand Oaks-based Teledyne Technologies , an aerospace and electronics firm, announced Wednesday that the firm has cut six percent of its North American workforce, eliminated salary increases, cut employee stock option awards, and will also close or relocate five of its operating sites, as it looks to cut expenses.
Santa Monica-based Mahalo , the online content and information site run by Jason Calacanis, has laid off 25 percent of its employees, according to a report today. AllThingsD, which confirmed the cuts with President Jason Rapp, said the move is part of a shift to product online videos. READ MORE>>.
The report--from Bloomberg--said that the new rules kick in immediately. 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.
Woodland Hills-based United Online, which operates the Classmates.com reunion and social networking site, appears to be cutting back staff, according to sources close to the firm. A spokesperson for the firm declined to comment on the reports.
—Big Merck shuffle: The drug giant will open new labs later this year in Cambridge focused on microbiome research, and another site in South San Francisco focused on cardiometabolic disease and oncology discovery. —Enough good trial news. —In other Merck news, U.K.
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