Posts tagged “Employment”
Revenue for the Triangle's largest biotech company was up 40 percent over the prior year, and they are adding 100 new jobs at all levels of the organization in the next couple of months while also committing to the local talent pool.
The company has nearly 300 total openings currently across North Carolina with 47 new technical positions now available just in the Triangle area, the company announced on Friday.
Driven by strong growth in cloud computing-related data analytics and with the help of a growing number of partners, SAS drives revenues to a record high and extend its profitability for a 39th consecutive year. But currency "headwinds" - a weakening Euro and strengthening dollar - cut into what would have been an even better year, says a top SAS executive.
Cloud-computing software maker Citrix Systems said it would cut about 700 full-time and 200 contractor jobs as part of a restructuring to improve operational efficiency. It's unclear how many, if any, jobs cuts will be in Raleigh.
A "resource action," or layoffs, that a worker described as a "bloodbath" is underway at IBM under the name "Project Chrome," workers are telling the Alliance@IBM Union. One of the first posts Wednesday came from RTP. IBM confirmed cuts are being made.
Workers at IBM are telling the Alliance@IBM union that layoffs as part of what Big Blue calls a "resource action" are set to begin Wednesday. IBM confirmed Monday plans to cut thousands of jobs, having set aside some $600 million to cover the cost of a restructuring.
A new study by NCSU economist Dr. Michael Walden says the controversial, massive 7,000-acre Chatham Park development will produce 115,000 jobs and drive $154 billion in total economic impact over the next 40 years. The Chatham Economic Development Corporation commissioned the study.
Like a pendulum, world media jumped on a report that IBM was cutting some 26 percent - or more than 100,000 jobs. Then IBM issued a sharply worded denial. The media responded, widely reporting that news. But the fact remains: IBM acknowledged that a lot of jobs will be lost in a restructuring but Big Blue also is on a hiring binge.
IBM calls a report that it's cutting 100,000 jobs "ridiculous." However, the company does confirm it is cutting jobs. "This rumor is ridiculous, and off by a factor of more than 10," says IBM's director of corporate communications. He also notes IBM is hiring.
IBM is undergoing a major internal restructuring as Chair and CEO Ginny Rometty tries to reverse nearly three years of dwindling returns. But is Big Blue really going to cut as many as 100,000 jobs as has been reported over the weekend? Not even the Alliance@IBM is buying in completely to the story.
White Labs, a world leader in fermentation sciences for the brewing and winemaking industries, has announced the purchase of a 26,000-square-foot building in Asheville, with plans to employ 65 people - a mix of scientists, production and distribution personnel.
GSK layoffs in China?; Lenovo-Xiamoi showdown; NC wind energy study; China blocks VPNs; Box prices IPO; Uber woes; Verizon loss
In today's Bulldog wrapup: GSK reportedly will lay off 1,000 in China; Lenovo takes on Xiaomi with own cheap smartphone in India; feds seek public input on coastal NC wind energy study; China shutting down virtual private networks; Box prices its IPO; Denmark may ban Uber; and Verizon reports a quarterly loss.
State leaders are keeping mum about international reports that Volvo is hunting for a new manufacturing site in a handful of southern states, including North Carolina. But Gov. Pat McCrory discloses development of a new jobs recruitment plan at the opening of the headquarters for the private-public Economic Development Partnership.
European Space Agency 'cloud' includes Red Hat; Uber raises $1.6B; HondaJet CEO honor; Google wireless?; eBay cuts 2,400; LG curved smartphone
In today's Bulldog wrapup of technology news: Red Hat lands European Space Agency as a customer for cloud services; Uber raises $1.6 billion; Honda Aircraft's CEO receives aviation award; Google may be selling wireless services; eBay is slashing jobs; and LG readies launch of curved smartphone.
Square 1 Bank sees opportunities for growth in later-stage venture capital business as the entire industry shifts more money that way, but CEO Doug Bowers stresses that early-stage deals remain top priority. By the way, the Durham bank is continuing to hire.
Eligible workers at Apple, Google, Intel and Adobe could receive an average of about $5,200 apiece as part of a proposed $415 million settlement in a law suit against Apple, Google and other tech firms who had formed a cartel to prevent workers leaving for better-paying jobs.
Hospira, a manufacturer of drug products and medical devices, is closing its plant in Clayton which employs some 250 people. Hospira says the facility will close after an "extensive analysis" of the plant, products made there and as part of the firm's modernization efforts.