Posts tagged “Employment”

Updated 3:07 p.m. yesterday

Metrics expanding drug storage facility as part of $80M expansion

Metrics Contract Services is in the midst of a major expansion in Greenville. Metrics Contract Services is investing $3.5 million in a 15,000-square-foot specialized drug stability storage expansion in Greenville that will triple its current capacity as part of a larger $80 million expansion. It plans to hire 110 scientists and technicians.

8:30 a.m. yesterday

CED Tech Venture profile: EmployUs, connecting employers and job seekers

EmployUs is off to a fast start, having already won an NC IDEA grant and successfully closing on investment capital. The Raleigh startup takes its employer-job seeker message next to CED Tech Venture as a presenting firm.

12:18 p.m. Tuesday

CED Tech Venture profile: MindSumo, crowdsourcing innovation + finding talent

Backed by Google Ventures and Stanford University's X-fund, emerging entrepreneurial firm MindSumo is helping college students and possible employers avoid mismatches while at the same time crowdsourcing innovation. It's one of the "showcase" companies for the upcoming CED Tech Venture Conference.

Updated 6:02 a.m. Monday

Premium Lock Why 'skills gap' trainer General Assembly is coming to RTP - and how it differs from competitors

A new General Assembly is coming to the Triangle - and it's not made up of politicians. This General Assembly is a fast-growing workforce training startup that plans to open an operation somewhere in RTP in coming months. GA is looking for a local manager - and space. In an exclusive interview, WRAL TechWire talks with the firm's general manager for campus education and operations about why GA is coming to the Triangle plus how GA differs from competitors.

August 19

Premium Lock Inside Cisco: Growing services revenue a bright spot in pivot to software

Cisco's headquarters      Analysis: Cisco this week announced plans to cut 5,500 jobs as the networking giant continues to pivot from its traditional networking hardware reliance to software and services. Those revenues have grown for 53 consecutive quarters. Technology Business Research analyst Elitsa Bakalova takes a look at what's happening.

Updated August 19

Lenovo expands RTP sales force as North America market grows

Lenovo is continuing to add a mix of full-time and contractor employees as it expands its sales force and call center operations to meet growing customer demand, says the company's top North America executive. Plus, Lenovo is remodeling part of a campus building "to offer all the things millennials love."

Emilio Ghilardi Emilio Ghilardi

Updated August 18

Cisco to lay off 5,500 workers as focus shifts to software from networking gear

Cisco's campus on Kit Creek Road in RTP  Cisco Systems said Wednesday that it will lay off 5,500 employees as the Internet gear maker scrambles to adapt to technology changes that have reduced demand for its main products.

Updated August 12

Red Hat stands by HB2 stance at shareholders' meeting

House Bill 2 Red Hat defends its decision to take a stand against North Carolina's House Bill 2 when asked about it by a Washington think-tank at Thursday's shareholders meeting in Raleigh.

Updated August 10

Premium Lock Hi-tech employment training firm General Assembly coming to Triangle

General Assembly (GA)  The job training market in the Triangle is about to become more crowded as New York-based General Assembly discloses plans to open a local office.

Updated August 5

Venture conference lineup reflects our state's growing startup, tech muscle

N.C. flag  Anyone reviewing the lineup for the annual venture capital conference put on by the Council for Entrepreneurial Development will discover the growing spread and strength of startups and emerging companies from Manteo to Murphy.

Updated August 5

IBM CEO on speaking out against HB2: 'Our employees expected it'

IBM Chair and CEO Virginia Rometty says there's been no blowback from the tech giant's decision to speak out against North Carolina's HB2. In an interview she says the stand against the LGBT legislation was "expected" by IBM workers.

IBM's Ginni Rometty   IBM's Ginni Rometty

Updated August 3

Durham startup Spoonflower lays off 18% of its work force

Spoonflower, one of the Triangle's highest profile startups which raised $25 million last year and hired a top executive with IPO experience, has laid off 18 percent of its work force, the firm's president confirms to WRAL TechWire.

Spoonflower's colorful lobby Spoonflower's colorful lobby

Updated August 3

Premium Lock Investor: Spoonflower 'in great shape' despite layoffs

David Jones Just a year ago, Bull City Venture Partners invested in fast-growing Durham startup Spoonflower as part of a $25 million round. The company recently cut 18% of its work force. But BCVP's David Jones remains a big Spoonflower advocate.

Updated August 3

Mayne Pharma's $652M drug deal means $15M more for Greenville expansion

Greenville's economy will get a bigger boost from Mayne Pharma's expansion plans there thanks to the $652 million acquisition of drug rights to products from Teva and Allergan. Another $15 million will be added to the original $65 million expansion plan announced last year, the company tells WRAL TechWire.

Floor plan of Greenville plant Floor plan of Greenville plant

Updated July 27

Premium Lock Durham-based RevBoss launches first SaaS product

Durham-based RevBoss, founded as a consulting company in 2014, has launched its first product -software as a service that allows B2B firms to push a button and get a sales pipeline.

RevBoss launches new product RevBoss launches new product

July 27

Cybersecurity talent shortage leads to damaging breaches, report says

Intel A new report by Intel Security and CSIS reveals a current cybersecurity talent crisis in the U.S., U.K., Australia, France, Germany, Israel, Japan, and Mexico. The report says the shortage is responsible for significant damages from security breaches.

Updated July 26

Premium Lock Raleigh Sharefile founder attacks HB2 at DNC

Jesse Lipson Raleigh entrepreneur Jesse Lipson, founder of Sharefile, which sold to Citrix, spoke at the Democratic National Convention Monday night and attacked NC HB2, the so-called "bathroom bill," saying, "Nothing scares away investment like hate."

July 22

Premium Lock Durham makes another top 10 list of best places to live and work

A salute to Durham In the latest of a string of kudos, Durham made the Career list of the top 10 best places to live and work.

Updated July 15

Premium Lock Charlotte economic plan could be a blueprint for the Triangle

RTRP   The departure of three top executives at the Research Triangle Regional Partnership triggered a delay in a new strategic plan for the region. What it will look like exactly is unknown as development continues. But a new plan unveiled this week in Charlotte could be a preview for what to expect in the Triangle, especially given the partners involved and the similar strengths of both regions.

Updated July 15

Premium Lock Cree including huge building as part of Infineon-Wolfspeed deal

Cree is selling a building at the end of its Silicon Drive campus in Durham as part of its $850 million cash sale of its Wolfspeed Power and RF division to Infineon Technologies, the company disclosed at a press conference Thursday morning.

Cree and Infineon execs at press confernece. Cree and Infineon execs at press confernece.

Techwire Inside Partners
The Skinny: A Blog by Rick Smith