Posts tagged “Employment”
A 35-page document given the workers affected across the U.S. as part of the "resource action" as IBM calls layoffs includes a specific reference stating that IBM is not seeking a waiver of claims under the Federal Age Discrimination in Employment Act, or ADEA. Therefore such information listed in previous IBM layoffs is not required, says Raleigh attorney Jeremy Sayre of the law firm Ward and Smith, P.A.
Before anyone could ask a question, the Raleigh-bound South by Southwest recruiting team bolted from HQRaleigh in a motor home, speeding off on a multi-day road trip. So why is Raleigh sending a team, including Mayor Nancy McFarlane, and why is Justin Miller taking some time off from startup WedPics? WRALTechWire checks in with the team and "the tattooed guy" Miller, who is the Raleigh ambassador, while they are burning up miles on I-85.
Raleigh Mayor Nancy McFarlane and a team of entrepreneurs plus city staff, are headed to the South by Southwest festival in Austin, Texas, But they are going hunting for entrepreneurs and companies who might want to locate in the capital of North Carolina than the capital of the Lone Star State.
The New York Times and Financial Times report that workers at an IBM plant near Hong Kong have continued a strike for the fourth consecutive day. They are protesting the sale of IBM's x86 server business to Lenovo. IBM says it hopes workers will accept the transfer.
Cisco Chairman and CEO John Chambers has vowed to do more business in Canada, citing tax policy and other challenges in the US. In picking Toronto and not either RTP or another US location, Chambers is restating his stance.
Workers in the U.S. aren't expressing much sympathy for IBMers in China who are protesting layoffs and the sale of Big Blue's x86 server business to Lenovo. Why? If your job was off-shored, how would you feel?
Thousands of IBM workers in China - some carrying banners describing IBM as a "Sweat Shop" and "We are not merchandise" - staged protests Wednesday in reaction to layoffs and the sale of IBM's low-end server business to Lenovo.
Aseptia, which operates as Wright Foods and utilizes patented food processing technology developed at N.C. State, has closed on a third round of financing totaling $28 million. Lookout Capital pours in $8 million.
Raleigh-based Lookout Capital is betting big time that Wright Foods can deliver "green" produce that consumers really want. The firm is investing nearly $8 million in Aseptia, which operates as Wright Foods.
Tech news site CNET says a quarter of IBM's Systems Technology Group, which has a large presence in the Triangle, could be laid off in the job cuts that started Thursday. Meanwhile, new data from research firm IDC says IBM's server sales are plunging, adding to the dire news. Is this more bad news for Lenovo which is buying the x86 server business?
A $1 billion "rebalancing" of its workforce as IBM describes its latest round of layoffs hit across the U.S. on Thursday. IBM confirmed cuts were underway. The first reports about cuts in RTP affect the Global Business Services group.
No one can better tell the story of what's happening within IBM today than the workers who are being laid off - or are seeing the reactions of others who are told they will soon be out of a job. Comments range from relief to relief and happiness to sadness. One of those hit is a 32-year-7-month veteran.
IBM confirms that it is no longer including in "Resource Action" documentation for laid-off workers a variety of information that described the impact of job cuts in each worker's group. Ages, titles and numbers of workers are gone. The union seeking to represent IBM workers protests the decision.
Thursday's announcement follows the company's $1.6 billion investment in the state between 2011 and 2013. AT&T says the investment was designed to enhance network speed, reliability, coverage and performance for residents and business customers.
A $1 billion "rebalancing" of its workforce as IBM describes its latest round of layoffs was expected to begin in the U.S. today, internal sources had told the union seeking to represent IBM workers. One group was reported to have been hit in Arizona. Meanwhile, the union has been told of more cuts in India and in Taiwan. Those reports are unconfirmed.
In the fourth part of an exclusive series reporting the growing links between China and the Triangle, writer and entrepreneur Grace Ueng discusses best business practices with three Triangle executives who know the risks and challenges. The four gathered recently at an event put on by the North Carolina Chinese Business Association.
Lenovo, which is buying Motorola Mobility from Google for $2.9 billion, plans to make the phonemaker profitable within four to six quarters without eliminating jobs, according to Chief Executive Officer Yang Yuanqing.
With another round of layoffs expected to begin later this week, IBM says it will keep some current and restore some other jobs in New York that were cut in 2013. Among the jobs is 500 in Buffalo for a nanotechnology center.
As IBMers across North America anticipate the beginning of layoffs this week, IBM reportedly has struck a deal with the state of New York to preserve "at least 3,100 high-tech jobs," according to Gannett newspapers. Meanwhile, Big Blue is increasing its commitment to cloud computing, Bloomberg news reports.