Posts tagged “Employment”

9:52 a.m. yesterday

Novo Nordisk: Clayton expansion proceeds, no NC layoffs despite cost cuts

Drug giant Novo Nordisk, which operates a large insulin production plant in Johnston County, says it remains committed to the $1.8 billion expansion underway at the facility. However, the company has imposed a hiring freeze. It also announced 1,000 layoffs Thursday but the N.C. operation is not affected, a company spokesperson says.

Rendering of huge Novo Nordisk expansion Rendering of huge Novo Nordisk expansion

Updated 6:36 a.m. yesterday

Novo Nordisk cutting 1,000 jobs; impact in NC not yet clear

Drug giant Novo Nordisk, which operates a large insulin production plant in Johnston County, says it is laying off 1,000 workers. Most of the cuts will be made in Denmark, where the company is based. How many jobs might be lost in Clayton or the U.S. was not specified.

Rendering of huge Novo Nordisk expansion Rendering of huge Novo Nordisk expansion

Updated 12:35 p.m. Tuesday

Lenovo cutting some 2% of work force, denies moving Motorola HQ to NC

Lenovo    Lenovo is laying off as many as 1,100 workers but isn't specifying where the job cuts are being made. Media reports based on unnamed sources say Lenovo's Motorola unit in Illinois is taking the brunt of the hit. However, Lenovo denies a report that it is moving the Motorola business unit to its North Carolina campus.

3:36 p.m. Monday

Corning Optical Communications adding 205 jobs in NC

Help wanted sign        Corning Optical Communications plans to add 205 jobs over the next five years at its facilities in Hickory and Winston-Salem.

September 21

Contract research organization firm Almac adding 79 jobs in Durham

Almac ​Almac Group, a global contract research organization (CRO) with 288 employees in Durham, has announced a $5.2 million expansion that will create 79 more jobs over the next three years.

September 21

Crop science execs defend mergers; NC Senator cites regulation as driving deals

Top officials for Monsanto and Bayer defended their proposed $66 billion merger before skeptical senators on Tuesday, insisting that the deal would lead to greater investments in technology that could help American farmers. Syngenta, Dow AgroSciences and DuPont also defend deal plans.

Defending merger Defending merger

Updated September 19

Premium Lock How can companies drive diversity? 10 lessons from PwC

So how can companies drive more diversity within their own ranks of management and employees? Consulting firm PricewaterhouseCoopers cites 10 lessons learned from its own efforts, starting with: Make a business case for diversity then make it "resonate" within your firm.

A guide to diversity A guide to diversity

September 19

Premium Lock 10 lessons learned about diversity: The PwC experience

Diversity  A new report from international consulting firm PricewaterhouseCoopers spells out 10 lessons the company says it learned from diversity efforts within its own ranks.

September 15

Red Hat expanding in Boston with new office, new jobs

Red Hat           Open source giant Red Hat is opening a new office in Boston and will be adding new jobs there, the company said Thursday.

Updated September 1

Third round of layoffs hit IBM in 8 months, including RTP

IBM layoffs     IBMers are lighting up a Facebook page with reports across the country about a new round of layoffs. IBM's campus in RTP is taking a hit. It's the third cut in jobs so far this year. To add insult to billfold pain, the IBMers have been told their last day at work will be in November, which means they miss out on IBM's 401K contribution this year. IBM confirms that layoffs are underway.

August 30

Premium Lock Building design firm to add 205 jobs in Mebane (+ video)

Prescient, which officials said has a design platform that offers a faster and more cost-effective alternative to conventional building, will invest more than $18.8 million in the facility at North Carolina Commerce Park near Mebane.

Updated August 26

Premium Lock New rule allows some immigrant entrepreneurs limited US stays; NVCA praises ,ove

The US Department of Homeland Security is going to make it easier for foreign entrepreneurs to stay in the country if they and their startup companies meet certain criteria to ensure they provide a "significant public benefit." That includes creating jobs and drawing investors to their US companies.

Max Levchin, co-founder of Paypal Max Levchin, co-founder of Paypal

Updated August 24

Premium Lock 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.

August 24

Premium Lock 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.

August 23

Premium Lock 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 August 22

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.

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