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Layoffs Hot Keyword for Second Half of January 2009

SoCal CTO

But, in running it now for the second half of January, the keyword that popped to the top was: Layoffs And this is definitely a sign of the times. This hot list is based on various social signals of what people are writing about, reading, bookmarking, searching, etc. You can go to the Hot List post to see what was hot then. Here's the rest.

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Insights and Opinions: How To Survive A Layoff

socalTECH

For our Insights & Opinions section today, Cathy Ashbaugh, President of Pacific Shore Resources, a local recruiting firm, gives some well timed advice on how to handle a layoff: As we enter into the second quarter of 2009 we are beginning to see small signs of hope and improvement in the economy. Yet, we are not out of the woods.

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Fisker Automotive Burnt Through $1.4 Billion

socalTECH

The amount of capital invested in Fisker makes the company the highest profile flameout ever in Southern California''s startup history, far surpassing the mere $375M in venture capital raised of of prior record holder Amp''d Mobile from back in 2007. READ MORE>>.

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Machinima Cuts 10 Percent More

socalTECH

The company said the layoffs come as part of an "increased commitment to premium programming". The layoff is not the first for Machinima, which also cut around 10 percent of its staff back in December. machinima venture capital content youtube network hollywood layoff jobs employment' READ MORE>>.

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Friday roundup: More layoffs, venture roundup, growth at firms, and more

socalTECH

Finally, Jeff Cohn, a venture capital consultant, tell us 10 Ways President Obama Can Help Create Jobs. Turning to venture capital, it looks like Southern California venture capitalists are mostly missing from the Forbes Midas List this year.

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Aptera Delays Vehicle

socalTECH

Aptera is venture backed by Google and Idealab. Tags: aptera venture capital layoff employment jobs electric green automobile auto. READ MORE>>.

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Spot Runner Lays Off 115

socalTECH

A spokeperson for the firm told socalTECH that the change was due to an "unprecedented change in the economic environment." Los Angeles-based Spot Runner has laid off 115 employees, as part of a new strategic plan, a spokeperson for the firm confirmed Monday. According to Spot Runner, the 115 represents about 30 percent of the company.

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