Posts tagged “Employment”
Founded in 2008, Durham-based Two Toasters has turned an app development niche into a booming business. The bootstrapped startup ranks No. 787 on the latest Inc. 5000 list with revenue surging 579 percent over the past three years. In an exclusive Insider interview, CEO Rachit Shukla explains why Two Toasters is so hot.
A blogger about Cisco obtained access to internal video and audio recordings of company execs discussing the tech giant's new layoff round that will affect some 6,000 workers. Business Insider published some of the information, including an interesting remark from Chief Operating Officer Gary Moore. Plus, a new report shows one reason why Cisco is facing challenges: Its router market share has plunged.
Forbes ranks the Raleigh-Cary metro area as the second best city for young professionals for a second time. In a new report out Monday, the capital city metropolitan statistical area ranks behind Des Moines, Iowa, just as it did on the first list three years ago.
Inside Windsor Circle's new round: Why Comcast as investor, how Steve Case helps, new jobs, expansion
Ecommerce startup Windsor Circle went national in searching for new venture capital. Why? And how is AOL founder Steve Case helping as an investor? How does the Durham firm plan to spend its new cash, and are new offices on the horizon? CEO Matt Williamson goes on the record for WRAL TechWire Insiders.
Just two months ago, Cisco announced a major expansion of its work force in RTP with the promise of more than 500 new jobs. Wednesday night, Cisco's top executive disclosed plans to lay off some 6,000 workers across the company. It's the second large round of job cuts to hit the firm in a year.
The daily average of information technology job openings advertised across N.C. fell 5.5 percent in July from June, but the new IT Job Trends report from the N.C. Technology Association says the employment picture is better than the statistics indicate.
Early in a conference call with analysts, Cisco Chairman and CEO John Chambers disclosed that a "limited restructuring" - i.e. layoffs - was underway at the tech giant. In his own words, Chambers describes why Cisco is cutting some 6,000 jobs.
"Let me say up front: As CEO, I'm not satisfied with the numbers on this page," says Chief Executive Officer Tim Cook in a blog post. "They're not new to us, and we've been working hard for quite some time to improve them."
Websites that automatically encrypt their services will now be boosted higher in Google's recommendation system. The move involves a change in the search engine giant's closely guarded formula for determining the rankings of its search results.
The N.C. House and Senate meet again this week to try to wrap up businesses, and a bill that contains crowdfunding as well as economic development legislation remains in limbo. Backers are calling for crowdfunding to be voted on separately by the Senate but it's "hard to say" if the politicians will go along.
Opinion: The recent influx of thousands of migrant children from Central America has highlighted the failure of reform efforts and gripped the nation's attention. This is a humanitarian crisis that must be resolved. But forgotten in the emotional debates over immigration are the more than one million legal, skilled immigrants who have been held hostage to political wrangling, writes WRAL TechWire contributor and former Triangle technology entrepreneur Vivek Wadhwa.
Within two decades, we will have almost unlimited energy, food, and clean water; advances in medicine will allow us to live longer and healthier lives; robots will drive our cars, manufacture our goods, and do our chores. The catch? There won't be much work for human beings, writes former Triangle entrepreneur turned academic and author Vivek Wadhwa.
The state Senate last week passed legislation that includes the launch of a "Job Catalyst Fund," which could be used by the N.C. Department of Commerce as a recruiting tool. No funding is specified, but the bill is geared toward large manufacturing projects that would be built in economically "distressed" counties.
Cliff Bleszinski, the former Epic Games Design Director, started his first day at work as CEO of Boss Key Productions on July 20. Bleszinski talks about his new studio in this exclusive interview.
The operator of startup campuses in Durham and Raleigh (and owner of ExitEvent) reveals a plan to double the size of its space on Main Street in downtown Durham by January, making room for 50 additional companies and meeting a 2012 goal of housing 200 companies by 2015.
Former Triangle tech entrepreneur Vivek Wadhwa, now an academic and an outspoken defender of immigration reform as well as increasing corporate diversity, blasts Twitter for how the company responded to its disclosure of abysmal minority employment statistics. "To say they are proud is disgusting," Wadhwa says - via Twitter.
Twitter is acknowledging that it has been hiring too many white and Asian men to fill high-paying technology jobs, just like several other major companies in Silicon Valley. "We are keenly aware that Twitter is part of an industry that is marked by dramatic imbalances in diversity," a Twitter exec says.
Raleigh vaults to No. 1 from No. 3 a year ago on the latest "Best Places for Business and Careers" report from Forbes magazine. The 16th annual survey cites lower business costs, the broad level of advanced education and the presence of tech hub RTP as key factors in Raleigh's success.