Break.com - 11 employees. The technology industry’s panicked rush to lay off employees, in fear of impact from the economy, is starting to hit Southern California. The latest: Veoh - 20 employees, or approximately 18-20 percent of its staff.

Beverly Hills-based online entertainment site Break.com has reportedly laid off 11 staffers, according to a report by CNET. Break.com's CEO Keith Richman, which focuses its efforts on providing videos, games, and other entertainment for men, told CNET that the firm is planning to hire the same number of people in the future, with different skill sets. READ MOR