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. Tags: layoff employment electronics technologies.

Los Angeles 133

Los Angeles Technical Review Layoffs Technology 133

socalTECH

FEBRUARY 1, 2010

Local technology executives seem to be optimistic going into the new year, believing the worst of the economic decline has passed, and are also looking at hiring this year, according to the latest socalTECH.com Industry Survey. Tags: survey technology executives socaltech economy jobs hiring.

SoCal 157

SoCal Southern California SoCalTech Layoffs 157

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

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. READ MORE>>.

Layoffs 133

Layoffs Content Funding Invest 133

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>>.

Layoffs 147

Layoffs Hollywood Research Los Angeles 147

socalTECH

APRIL 22, 2009

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.

Technical Review 100

Technical Review Thousand Oaks Technology Layoffs 100

socalTECH

JANUARY 30, 2009

In our Friday Southern California technology news roundup: The economy continues to be in the news this week, as Broadcom is cutting 200 employees as it sees a glum Q1. Tags: california tech technology high southern news. TheWrap --focused on Hollywood and entertainment news-- announced funding from Maveron on Monday.

Southern California 100

Southern California Layoffs Mixergy News 100

socalTECH

FEBRUARY 28, 2014

The move is part of a one-two-three punch to the San Diego technology community, as two Vista Equity-owned technology companies have been moved to Texas in as many weeks. websense jobs employment texas layoff' Texas is providing a $4.5M Vista Equity owns Websense, along with Omnitracs, which is also moving to Texas. READ MORE>>.

San Diego 170

San Diego Layoffs Equity Activity 170

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

MARCH 14, 2014

QLogic said that it paid apparoximately $147M for the assets form Broadcom, plus licensed Fibre Channel technology from Broadcom in a separate, $62M payment. qlogic ethernet broadcom merger acquisition intellectual property networking hardware layoff jobs employment cuts' The acquisition deal had been announced in February.

Layoffs 149

Layoffs Acquisition Networking Activity 149

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

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?

Layoffs 159

Layoffs Outsource Development San Diego Mobile 159

socalTECH

DECEMBER 15, 2015

Qualcomm said that review, where it was assisted by independent advisors, concluded that the current structure "best positions Qualcomm to maintain its technology leadership and product strength, so as to drive the greatest long-term stockholder value."

Technical Review 100

Technical Review Layoffs San Diego Course 100

socalTECH

JUNE 21, 2019

We all have backgrounds in technology, and it's what we understand the best. Sometimes what I say, is if brand is your moat, and you're a direct-to-consumer company, versus where you really have some technology, and you have some IP, that's the side of the spectrum we play on. That's not any one thing. We had ups and down.

Southern California 133

Southern California Startup Layoffs Venture Capital 133

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

FEBRUARY 17, 2009

ChannelWeb quoted an executive at Ingram, who said that the layoff occurred Tuesday, with as many as 150 cuts in the firm's Orange County offices. Ingram Micro distributes technology products, including electronics, computer accessories, and other products. Tags: ingram employment jobs layoff micro.

Orange County 124

Orange County Layoffs Report Product 124

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

MAY 13, 2010

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. At that time, Aristos had approximately 75 employees.

Orange County 154

Orange County Sites Layoffs Patents 154

socalTECH

MARCH 31, 2009

The firm also said that its Chief Technology Officer, Thomas Foley, will retire, although the firm said that the move was unrelated to the restructuring. Tags: quidel diagnostic lifescience healthcare layoff jobs employment.

Chief Technology Officer 133

Chief Technology Officer Layoffs San Diego Technology 133

socalTECH

NOVEMBER 19, 2009

In the statement, Aptera said it will begin volume production when it receives private funding or if it can secure financing through the Department of Energy's Advanced Technology Vehicle loan program. Tags: aptera venture capital layoff employment jobs electric green automobile auto. Aptera is venture backed by Google and Idealab.

Layoffs 145

Layoffs Idealab Venture Capital Google 145

socalTECH

JULY 29, 2011

Today's contribution to our Insights and Opinions section, where we feature the thoughts and opinions of Southern California's technology community, is from Megan Lisa Jones , an investment banker and author. Jones talks about how companies can attract, keep, and engage employees, and what people are looking for in a job.

Southern California 133

Southern California Layoffs Design Invest 133

socalTECH

NOVEMBER 25, 2008

A spokesperson at the firm told socalTECH that the shutdown occurred yesterday, and that the firm is now in the process of looking for buyers of its technology. Aliso Viejo-based High Tower Software, a venture-backed developer of security, compliance, and log management software, has shut down.

Software 124

Software Tech Coast Angels SoCalTech Funding 124

socalTECH

JUNE 10, 2009

CallWave , once one of Southern California's heralded technology successing, is going private and voluntarily delisting its stock, putting an end to the public era of the firm's existence. CallWave debuted back in 2004, and was one of Santa Barbara's most prominent technology firms to come out of the Internet era. READ MORE>>.

Santa Barbara 100

Santa Barbara Southern California Layoffs Sales 100

socalTECH

JANUARY 5, 2023

Amazon.com said on Wednesday that it is cutting 18,000 people from its work force, including roles in its Devices and Books business, plus People, Experience, and Technology (PXT) organization -- the latest cuts in the technology industry.

Hollywood 100

Hollywood Organization Technology Companies 100

socalTECH

NOVEMBER 10, 2022

It's unclear what percentage of Twitter's remaining employee base is working remotely, however, during the pandemic, significant percentages of employees across technology companies scattered to remote work sites, with employees at companies even selling their homes to move to more desirable locations where they could work remote full time.

Demand 113

Demand Social Media Report Sites 113

socalTECH

DECEMBER 22, 2022

San Diego-based self-driving truck technology developer TuSimple confirmed on Wednesday that the company is cutting 25 percent of its workforce, or approximately 350 people, as part of a restructuring effort at the company.

San Diego 100

San Diego Research Software Technology 100

socalTECH

FEBRUARY 17, 2017

He eventually founded and sold consumer health firm ViSalus to a public company and is now back making investments, in technology companies, as a venture capitalist here at Los Angeles-based HashtagOne (www.hashtagone.com). As a result, I really saw Visalus as a technology company. I know all of that.

Venture Capital 100

Venture Capital Entrepreneur Technical Review Software Review 100

socalTECH

APRIL 13, 2020

LiquidStock is a fund that is geared towards employees of private technology companies, enabing them to exercise their options, cover their taxes, and use their shares for their liquidity needs, using a non-recourse structure. Tell us what you're up to now? Greg Martin: I raised a fund called LiquidStock, with three partners.

Startup 113

Startup Paramount Invest Capital 113

socalTECH

MAY 23, 2012

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.

Santa Monica 275

Santa Monica Redpoint Email Activity 275

socalTECH

FEBRUARY 28, 2013

Los Angeles-based Rentech , a developer of clean energy and synthetic fuels technology, said this morning that it will eliminate 65 employees and contractors as its alternative energy segment, close its R&D unit in Commerce City, CO, and attempt to sell its facilities there along with land in Natchez, MS. READ MORE>>.

Commerce 133

Commerce Los Angeles Technology Angel 133

socalTECH

SEPTEMBER 27, 2016

San Diego-based audio technology developer Turtle Beach said Monday that it is restructuring its HyperSound business, in a bid to lower the operating costs of that business. As part of that restructuring, the company said that investment banker Piper Jaffray is contiuing "exploration of strategic options"for that business.

San Diego 100

San Diego Platform Invest Technology 100

socalTECH

NOVEMBER 29, 2012

The time said that the firm is instead re-focusing on technology to allow users to consume content on both television and mobile phones at the same time. The report said between 25 and 30 employees, out of approximately 40, were laid off from the firm on Monday.

Culver City 138

Culver City Product Content Report 138

socalTECH

JANUARY 15, 2009

The exciting this, and the biggest benefit from bootstrapping this from recruiting, is I've been able to develop, and hand-pick a world class technology team. Josh Stomel: We're seeing more and more layoffs every day. We've used the profits from NeoHire for funding. Often human resources departments want plain text resumes, etc.

Startup 140

Startup Yahoo Sites Oversee.net 140

socalTECH

AUGUST 2, 2011

The firm also said it has "eliminated substantial headcount" across the entire organization, focusing specifically on software development; the firm is instead looking to license technology from other vendors. Size of the cuts wer enot disclosed. READ MORE>>.

Technical Support 100

Technical Support Software Software Development Los Angeles 100

socalTECH

SEPTEMBER 18, 2008

San Diego-based wireless broadband technology firm NextWave Wireless said today that it has scored a new, $100M debt financing for the firm's business, and made cuts in its staff, along with hiring an investment banker. The company said the restructuring included a reduction in workforce by over 20 percent.

San Diego 100

San Diego Invest Sales Funding 100

socalTECH

JUNE 8, 2017

Falcone said in a statement that the MiFi team was "one of the most innovative engineering teams in wireless technologies" before the company's "distracting acquisitions and the expansion into IoT hardware and modules". Inseego said it would immediately recommit to the Mi-Fi business. READ MORE>>.

Sales 113

Sales Technical Review San Diego Acquisition 113