Posts tagged “Employment”
Gerry Smith, who runs the Americas Group for Lenovo and will oversee the merged IBM-Lenovo System X business unit when the deal closes Wednesday, threw down a proverbial gauntlet to competitors on Monday. "The FUD spread by our competitors is over," he declares. Lenovo defied critics in buying IBM's PC business in 2005 and will do so again in servers, he promises.
Lenovo Chairman and CEO Yang Yuanqing says the $2.1 billion acquisition of IBM's x86 server business will close on Wednesday. The deal means some 2,000 IBMers in the Triangle will become Lenovo employees. Lenovo reiterated its pledge to hire all Big Blue workers in the x86 business but also said a search for "efficiencies" would begin once the merger has closed and the Lenovo-IBM server businesses are combined.
With Lenovo and IBM wrapping up their $2.1 billion x86 server deal, the first Big Blue workers will head to a Lenovo operated facility on Wednesday morning. While some workers and facilities will transition in coming months, a large number switch to Lenovo's two buildings in RTP and take orientation in coming days, says Lenovo's top North America exec Jay Parker.
In Durham, students immerse themselves in programming, training for an intense three months at The Iron Yard Academy, a boot-camp style code school.
Cisco Systems began laying off employees at its Research Triangle Park campus on Tuesday. The company confirmed it is cutting jobs but would not disclose how many. It also is continuing to hire at the site, and laid-off workers can apply for open positions, the company says.
IBM is opening a huge data center at its RTP campus. According to an announcement made by Big Blue just after midnight, the so-called "cloud resiliency center" will cover some 72,000 square feet.
Leaders from across the Queen City are gathering today for the Charlotte Chamber's "Technology Summit" at which it is sharing new jobs data that shows the region is "no doubt ... quickly making a name for itself."
HCL Technologies will add some 1,237 jobs at its operations in Cary after signing an agreement with the state of North Carolina to includes nearly $20 million in tax incentives and grant money.
North Carolina's solar and renewable power industry is getting a big boost from the federal government. Agriculture Secretary Tom Vilsack discloses support for 39 projects in the state worth more than $55 million during a visit to Bunn today. Meanwhile, President Obama in Washington is unveiling plans to train 50,000 vets for solar jobs.
IBM is cutting pay 10 percent for employees designated for training after they were determined to have "not kept pace with acquiring skills and expertise needed to address changing client needs, technology and market requirements." Union says move is "outrageous."
Big Blue workers - some determined to be deficient in the latest skills and hit by a 10 percent pay cut - lit up the comments board at the website run by the union seeking to represent IBMers. They talked about the move as being "SCAMS" - a play off an IBM term for "Cloud, Analytics, Mobile, Security and Social."
AvidXchange, a fast-growing provider of automated payment processes, plans to more than double the size of its work force, the company says. Gov. Pat McCrory announced the news and a state tax incentive worth more than $7.5 million if all the jobs promised are created.
The latest high-tech job openings report for North Carolina shows a slight gain in the daily average of vacant IT positions in August. But the better news is that the IT Job Trends report forecasts an expected improvement in hiring this fall.
With deep roots in the Triangle dating back to Hasbro Interactive and MicroProse Software, video game company Vicious Cycle Software has new owners in Silicon Valley. But the company plans to stay in Morrisville, its founder and CEO tells WRAL TechWire Insider John Gaudiosi in an exclusive two-part interview for our subscribers.
"Innovating Women" went on sale in bookstores and online on Tuesday. It's the latest effort by Vivek Wadhwa, a former Triangle tech entrepreneur and now an academic, to bring attention to gender and racial inequity in Silicon Valley and the tech industry at large. In this post, Wadhwa, a native of India and a U.S. citizen, writes about his motivation.
Amazon is apparently planning to open a distribution center in Concord, N.C., based on job openings posted on its corporate website. The company has yet to confirm a decision, but media reports says a deal is near.
Former Triangle entrepreneur Vivek Wadhwa, a U.S. citizen born in India, has fought for gender and cultural equality in the technology industry, over the past two decades. He takes his battle to a new level today with the release of a new book, "Innovating Women." And his second book is already receiving critical praise. A humbled Wadhwa is thankful for the support he is receiving, but his 'fury" over discrimination remains.