Posts tagged “Employment”
Phononic, which aims to be the Intel of refrigerators, has wrapped up a cool financing round of $44.5 million. The firm has been raising money since last year. Who are the investors? A local hospital, for one.
Veteran journalist Jim Shamp sees upside and downside in the recently announced job cuts at GlaxoSmithKline. After all, he notes, cuts in the past as GSK evolved locally from Burrough Wellcome to Glaxo to Glaxo Wellcome and today have produced a harvest of new companies, new ideas, and products. "Yes, a shakeup like GSK's cutback announcement is shattering," he writes. "But these are smart, talented people who will get back on their feet and contribute greatly to North Carolina's life science future."
The average number of advertised information technology jobs across North Carolina fell slightly in November from October. But look at the good news: The daily average is higher than in the same month each of the previous two years.
After experiencing unprecedented enrollment over the past several years, the computer science department at the University of North Carolina has been stretched to the limit, reports Aaron Scarboro for ExitEvent.
If you caught one of the articles last week summarizing the American Underground's annual report of the state of startup as it exists within their universe, you likely got the notion that all is well for entrepreneurs here in the Triangle. If you actually read the report, a breezy, taut, and quite informative infographic covering everything from dollars raised to pizza consumed, you definitely felt better about where we're headed as a startup region. But is that the entire story? WRAL TechWire Insider columnist and entrepreneur Joe Procopio offers his own analysis exclusively for our subscribers.
3M is selling its Static Control business which operates a manufacturing plant in Sanford. 3M says "substantially all" of the Static Control group workers "are expected to transfer" to buyer Desco Industries. Some 175 people are employed at the Sanford plant, including contractors.
Chris Hevily, best known as co-founder of The Startup Factory accelerator in Durham, also puts on what he calls "reverse job fairs" where employees make hiring pitches to prospective workers. His next event is coming in January. Plus, his current jobs list offers 461 open positions.
The "Help Wanted" sign is up at rapidly growing AvidXchange in Charlotte. Why? "We're changing the way business is being run, helping companies migrate from paper to electronic processing and saving them a lot of money as a result," its CEO tells WRAL TechWire in an exclusive interview for our Insider subscribers.
AvidXchange is growing fast and is hiring with hundreds of jobs to be added over the next three years. Here's a look in what areas the company is hiring right now. And you don't necessarily have to live in Charlotte.
Former Triangle tech entrepreneur Vivek Wadhwa, now an academic and widely published author, has been an outspoken advocate of immigration reform. And President Obama's recently announced plan does much to help the high-tech industry, says Wadhwa who is a naturalized U.S. citizen from India.
Representatives from Google, Apple, Facebook and more than other 20 other tech companies gather to talk about improving diversity. Wednesday's forum marked the first time that many have publicly addressed their lack of diversity since acknowledging the problem earlier this year in contrite blog posts accompanying the ethnic and gender breakdowns of their work forces.
According to data compiled in a report, The American Underground says companies based at its locations in Durham and Raleigh created some 323 jobs and spent $674,700 at local businesses. Clients based in the Triangle also raised more than $20 million in funding.
Parata Systems, a manufacturer of robotic drug dispensing systems in Durham, is downsizing two facilities and laying off 110 workers. The total represents more than 40 percent of its Triangle work force.
The return of jobs in North Carolina is something to cheer about. But this achievement should not be interpreted as meaning there are no issues in the job market. There are issues, and they are centered on three areas: pay, missing rungs in the income ladder and technological unemployment.
Dr. Derek Lowe, a veteran pharmaceutical scientist and long-time Internet blogger, was among the first to report details of GSK's 20% job force reduction in RTP. Fed information from friends and contacts within the industry, he has written several insightful blogs about what's happening at the drug giant and across the pharmaceutical industry, particularly in R&D. And he tells WRAL TechWire that GSK's cuts are a "severe blow" to the Triangle.
GlaxoSmithKline will lay off hundreds of research and development workers at its Research Triangle Park campus, the company said in an official notice to the state.
Up to 450 employees of drug giant GlaxoSmithKline who face being laid off may find employment quickly at Parexel, a life science research firm with an office in RTP. GSK says it has signed a letter of intent to create a GSK-focused group within Parexel.