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. When I drill down on that term, you can see why with posts like: Hollis-Eden Pharmaceuticals Lops A Third Of Company THQ Lays Off 100 Employees, Closes San Diego Office Citrix Cuts 10 Percent; Santa Barbara Hit And it's also interesting to see what geographies are being associated with "Layoffs" more often than others: Layoffs Woodland Hills Layoffs San Diego Layoffs Santa Monica Layoffs Los Angeles I guess

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." The firm is venture backed by Intel Capital, Adobe, Shelter Capital, Spark Capital, Goldman Sachs, Michael Eisner�s Tornante Company, Time Warner Investments, among An email to Dmitry Shapiro, CEO of Veoh, this morning, asking for comments on the rumor was not returned. Veoh laid off 20 percent of its employees

San Diego-based Verari Systems , a developer of blade server technology, has shut down, according to publication InsideHPC. According to InsideHPC, Verari Systems shut down due to lack of access to capital. Verari had raised over $59M in funding from such investors as Carlyle Group, Celerity Partners, Sierra Ventures, and Voyager Capital. READ MORE>> ...Tags: Tags: verari systems blade server shutdown employment jobs layof

San Diego-based Cymer, a developer of light sources used for semiconductor manufacturing, said late Thursday that the firm has laid off 100 people, or 10 percent of its personnel. Among other cost cutting actions, the firm said it will implement a 10 percent reduction in employee base pay, suspend its 401(k) matching program, suspend annual increases and bonuses, and make "significant reduction" in its non-essential operation and capital expenditures. The firm said that the move was because business conditions in the firm's industry have "further deteriorated" and demand has dropped for its products.

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 debt comes from Avenue Capital Management II, L.P. The company said the restructuring included a reduction in workforce by over 20 percent. The company also said it is looking to divest it infrastructure business units in the new term, and hired an investment banker to manage the sale.