marina11

Running low on cash, Marina Biotech cuts 90% of staff

Marina Biotech, a Bothell biotechnology company, said today that it has cut about 90 percent of its staff and ceased most day-to-day operations because it does not have funding to pursue its business model. “To conserve available cash, management has implemented a furlough of approximately 90% of its employees and ceased most day-to-day operations, including… Read More

Philipp Humm

T-Mobile USA plans 900 job cuts as ‘rebuilding’ continues

Updated with details on job cuts. T-Mobile USA will be going through another round of job cuts as part of an ongoing restructuring following AT&T’s failed attempt to acquire the Bellevue-based company. A company representative says in a statement, “With these changes, some jobs will be eliminated, some outsourced and some created. In total, approximately… Read More

Paul Allen

Paul Allen’s Vulcan cuts 20 jobs

Vulcan, the Seattle-based investment arm of billionaire and Microsoft co-founder Paul Allen, today laid off 20 staffers, GeekWire has learned. “We communicated the tough decision today to lay off 20 people as we realign some functions with the company’s emerging priorities,” said Vulcan spokesman David Postman. Allen has been in the news recently, donating $300… Read More

yhoocuts

Yahoo job cuts: Back to startup mode for an aging web icon

Yahoo this morning confirmed that it’s cutting 2,000 jobs, or about 15 percent of its workforce —  part of an effort by new CEO Scott Thompson to make the company “smaller, nimbler, more profitable and better equipped to innovate as fast as our customers and our industry require,” as Yahoo put it in a news release…. Read More

tippr-logo

Daily deal site Tippr lays off 25 staffers, restructures sales

Tippr, the daily deal technology services startup led by Seattle entrepreneur Martin Tobias, laid off 25 employees today as part of a restructuring of the sales organization, GeekWire has learned. The Seattle company now employs about 45 people, yet still has about 10 open positions. “The reductions were in merchant sales and part of our… Read More

adready

AdReady cuts staff

AdReady, the heavily-funded online advertising startup backed by Madrona Venture Group, Bain Capital, Khosla Ventures and others, has cut an undisclosed number of staffers. CEO Karl Siebrecht wrote in a blog post that he made the “very tough decision” to reduce the size of the team. “In order to stay focused on our mission in… Read More

applied1

After purchase by private equity firm, Applied Discovery cuts staff but plans big hiring spree

You may have missed this — as we did. But last month, the New York private equity firm Siris Capital Group quietly purchased Bellevue-based Applied Discovery from LexisNexis. At the time of the deal, Applied Discovery’s Jon Resnick wrote in a blog post that business would operate as usual through the transition, which was described as… Read More

realnetworks

RealNetworks cuts another 22 jobs in effort to focus business

RealNetworks has cut another 22 jobs, shaving its workforce in an ongoing effort to focus its business. The layoffs were made last week, including some at the company’s Seattle headquarters, a company spokesperson confirmed to GeekWire. RealNetworks isn’t providing specifics about the types of positions that were cut, but says it’s working to identify other… Read More

motricity

Struggling Motricity restructures operations, pulls the plug in Asia

Motricity, the struggling Bellevue maker of mobile software, has restructured its business and decided to close down its operations in Asia. Interim CEO Jim Smith said the moves will “lay the foundation for long-term success and reignite growth.” Motricity has taken it on the chin in recent months, losing key contracts, axing top executives and… Read More

memorylane-screen1

Memory Lane, formerly Classmates.com, cuts staff

Memory Lane, the Seattle social networking site formerly known as Classmates.com, has cut an unknown number of jobs at its operations in Seattle. A spokesman for United Online — the parent company of Memory Lane — declined to comment. The buzz emanating from the social networking company indicates that staffers recently lost jobs across multiple… Read More

snowblind

Warner Brothers cuts staff at Seattle-area gaming studios

Warner Brothers Games has cut staffing at game studios throughout the Seattle area, according to a report on Joystiq. The cuts occurred as a result of “continual review of our business operations and fluctuating market conditions,” a spokesperson tells Joystiq. Reports surfaced last week that about 60 people were losing their jobs in the Warner… Read More

dendreon

Dendreon cuts 500 jobs, sheds a quarter of its workforce

Slower-than-expected uptake of its Provenge prostate cancer drug forced Seattle biotech company Dendreon to announce 500 job cuts this afternoon, following through on a restructuring plan announced a month ago. The company had employed more than 1,900 people as of the end of June, about 1,200 of them in its manufacturing operations. Dendron also said… Read More

motricity

Executive purge continues at struggling Motricity

During its second quarter financial statement last week, Bellevue’s Motricity hinted at upcoming changes and cost-cutting measures in response to an awful quarter. And today the money-losing maker of mobile software announced more changes in the executive offices, terminating the employment of the company’s chief development officer James Ryan; senior vice president and general counsel… Read More

sonyonline

Sony Online to shut doors on Bellevue game studio

Sony Online Entertainment is closing down game studios in Bellevue, Denver and Tucson, Arizona, a move which will eliminate 205 jobs. The company also said that it would discontinue development on “The Agency,” an online spy game which had been highly touted. It is unclear how many people will lose their jobs in Seattle. The… Read More

cray

Cray on recent layoffs: ‘A very difficult decision’

Supercomputer maker Cray Inc. has eliminated 52 positions as the Seattle company undergoes a restructuring, one that will allow it to invest more in software engineering, customer support and other strategic areas. “Our goal is to improve the competitive position of the company,” said Cray spokesman Nick Davis. The company employed 885 people at the… Read More