Posts tagged “Employment”
In today's Bulldog roundup of tech news: Snapchat closes $537M funding; GOP opposes FCC plan to subsidize Internet access for the poor; French server firm picks Chapel Hill for HQ; Google+changing but not dead yet; gifs on Facebook; Amazon same-day delivery.
A genetic testing laboratory recruited to the state in 2011 with help from the North Carolina Biotechnology Center is about to expand. The Sequenom Center for Molecular Medicine, a $19 million Morrisville laboratory opened in 2012, will be taking over operations of a sister lab that the company is closing in Grand Rapids, Michigan.
The North Carolina economy rebounded in April, ending a recent skid, according to the North Carolina State University Index of Leading Economic Indicators compiled by NCSU economist Dr. Michael Walden.
Analysis: Another weak quarter financially led NetApp to announce 500 layoffs this week with many of those taking place at its campus in RTP. The storage technology device firm is facing increasing competition and is relying on "flash" offerings to rebuild revenue even as it cuts costs. Technology Business Research analyst Stephen Belanger offers his insight into what the company will do next.
Some 800 business, educational and economic development leaders gathered at the annual State of the Research Triangle Region event on Thursday were briefed on how the area is being turned into a "smart region" through the use of technology and education. Economic growth also created nearly 23,000 jobs last year.
In an SEC filing Wednesday evening, data storage technology firm NetApp disclosed that it is laying off some 500 employees in a cost-cutting move. Many of those cuts are coming from NetApp's Triangle work force, sources say. NetApp won't spell out the number of local cuts but insists the firm remains "deeply committed" to North Carolina.
Volvo's decision to build a $500 million vehicle manufacturing plant in South Carolina not too far from a Boeing aircraft assembly plant and across the state for a booming auto-related corridor near Greenville is just another slap in the face for the future of economic growth in North Carolina. As our state's battle over incentives - and crowdfunding - drags on, North Carolina's rivals cash in. So even though CEOs in a new survey say they like N.C., does the General Assembly like CEOs?
A week after Volvo picked a South Carolina site for its first U.S. manufacturing plant, economic developers from across North Carolina were in Raleigh on Tuesday to press lawmakers for the tools they say they need not only to recruit such large projects but also to be in the running for smaller business relocations and expansions.
NetApp, its stock price under pressure and with competition "disrupting" its data storage business, is cutting some 15 percent or 200 positions of its work force at the company's big campus in Research Triangle Park, sources say. NetApp says it can't comment.
Glassdoor, a web site for job openings and reviews of employers, says Raleigh is No. 1 in its new "25 Best Cities for Jobs" study. Why? From job openings to employee satisfaction, cost of living, the environment, and more, including "walkable neighborhoods and affordable homes."
Prostitute guilty in Google exec death; Apple updates Macs; Allscripts cuts Raleigh jobs; anti-Muslim video back online; Alibaba's apology
In today's Bulldog wrapup of technology news: A prostitute pleads guilty in the death of a Google executive; Apple updates some of its Macs; Allscripts is cutting jobs in Raleigh; an anti-Muslim video is back online at YouTube; and Alibaba's founder apologizes for counterfeit goods.
"Taking these steps is the right thing to do for our business and our community," says Facebook COO Sheryl Sandberg. "Women, because they comprise about two-thirds of minimum wage workers nationally, are particularly affected by wage adjustments. Research also shows that providing adequate benefits contributes to a happier and ultimately more productive workforce."
Judges in the U.S. and Canada on Tuesday ruled on how to divide the more than $7 billion in assets from bankrupt Nortel Networks. After years of legal wrangling it appears the economic disaster that rocked the Triangle and cost thousands of jobs could finally be drawing to a close. Or is it?
Samsung's 'smart' push; Square 1 exec changes; ChannelAdvisor layoffs; honoring Sagan; liquid biopsies
In today's Bulldog wrapup of technology and life science news: Samsung launches a new push into "smart" devices; executive changes at Square 1 Bank; ChannelAdvisor confirms layoffs; honoring Carl Sagan; and new liquid biopsies could transform cancer treatment.
The Bay Area entrepreneur returns to his native North Carolina to share how he became Silicon Valley's conversation-starter around diversity in tech. ExitEvent Editor Laura Baverman has the story.
Lenovo confirms that it is cutting jobs in its x86 server business with 235 people being told Monday they were being laid off. Of those, 155 are based in the Triangle, a company spokesperson says. Lenovo only cut jobs in the U.S. Some contractors also were let go.
Lenovo will begin laying off workers at its server business in Research Triangle Park today, according to sources within the company. Lenovo won't talk about what's happening, but workers say employees were told last week that those being let go would be told Monday.
Despite a huge drop in the unemployment rate as the state economy recovers from the recession, economists say take-home pay continues to stagnate, barely keeping pace with modestly rising inflation. That means less prosperity overall, even amid other rising signs of economic health.
What happened to Sheryl Sandberg could happen to anyone: The woman who wrote the book on balancing career and family will have to figure out how soon she will return to her high-profile job following the unexpected death of her husband.