Aereo, the once-promising startup that wanted to bring live TV to your laptop, is laying off "most of its staff." The company raised $97 million in financing to fight broadcasters like Fox, NBC, and Disney by exploiting a loophole in copyright law, but lost in the Supreme Court.

Update: The CEO sent an email (below) confirming the layoffs Thursday morning. A source tells Valleywag that LivingSocial just announced 20 percent layoffs at the company. The "online marketplace" for local deals raised $934.7 million in venture capital. Earlier this year the company invested heavily in recruiting for its Los Angeles office, but the source says that office will be closed. I reached out to LivingSocial to confirm the layoffs and will update when I hear back.

Microsoft cut another 3,000 jobs today. Meanwhile former CEO (and current Clippers owner) Steve Ballmer is on stage at a Wall Street Journal conference singing lyrics that Fergie custom-recorded for his new basketball team.

ModCloth, the fashion retailer with $63.7 million in funding from some of Silicon Valley's biggest investors, has announced another round of layoffs. According to TechCrunch, "around 40 or 50" jobs were axed yesterday.

The death knell of Rovio is ringing louder. Just a month after the CEO of the Angry Birds developer resigned amidst sagging profits, the company announced 16 percent of its staff is being flung out the door.

The company that brought you classics like Windows 3.1 and Windows 95 is making a move that doesn't bode well for future breakthroughs: according to canned employees, its R&D lab in Silicon Valley is closing.

Nasty Gal had its third round of layoffs this year, according to WWD. TechCrunch says the online fashion shop dismissed up to 10 percent of staffers. Just a few months ago, founder Sophia Amoruso was being feted in magazines and dispensing best-selling advice from business memoir #GIRLBOSS.

In an agonizingly euphemistic memo to his company ("Starting to Evolve our Organization and Culture"), Microsoft CEO Satya Nadella says he's getting rid of 18,000 jobs at the struggling software mammoth. That's 14 percent of the entire company.

Satya Nadella took over as Microsoft's CEO just under six months ago and he's already poised to give thousands of employees a pink slip "as soon as this week." Bloomberg reports that the restructuring "may end up being the biggest in Microsoft history," and could surpass the 5,800 employees laid off in 2009.

Fab will announce its fourth round of layoffs in 10 months tomorrow. The ecommerce company expects to cut 80 to 90 jobs, all from its headquarters in New York. A spokesperson confirmed the decision after Buzzfeed broke the news of an email from the human resources instructing employees not to come in tomorrow.

Dell is rumored to be laying off more than 15,000 employees, or about 15 percent of its staff, this week because of reduced demands for PCs. Never have the words "management has every conference room booked" sounded so ominous.

Today Zynga announced plans to lay off 15 percent of its staff, which amounts to about 314 employees. This follows massive layoffs last June, during which more than 500 employees lost their jobs. But Zynga can't stop trying to buy its way out of trouble.

Fortune's Dan Primack reports that Clinkle, the stealth mobile startup company that raised $25 million in venture capital without really explaining what it does, has "issued pink slips to 16 of its 60-person staff, or just over 25%." The layoffs have not been in engineering, but rather the business side of operations.

As expected, only more: Fab.com has confirmed it just gave 81 employees (73 full-time, and eight temps) at the shopping site their three-month notice.

According to an AllThingsD report and a Valleywag source close to the company, Fab.com is planning another sweeping round of layoffs, to be announced Friday. This time, the little people are getting hit.

First as tragedy, then as farce: a tipster close to the company tells us the undead social network canned "massive number of people from their LA office today. Entire departments." A "New MySpace" rep hasn't confirmed the number, but the firings are real.

Not long after Dave Morin laid off 20 percent of his employees in October, Path began hemorrhaging valuable staffers.

Yesterday, trendy online furniture and bow tie warehouse Fab canned a full fifth of its company. Here's the (leaked) email sent to everyone who wasn't fired, detailing what the company will do the day after a bloodletting:

Reuters reports that Fab.com will lay off "nearly a fifth of its workforce" starting today. The e-commerce company is cutting 101 jobs in total, including 84 people from its New York City headquarters. This is in addition to the 100 employees in Berlin that CEO Jason Goldberg laid off in July.