Posts tagged “Employment”

Updated January 14, 2009

Premium Lock Nortel files for bankruptcy protection

 Failing to find a buyer for some of its operations, the financially troubled telecommunications giant faces a $102 million payment on debt Thursday. Nortel employs some 2,000 people in RTP.

Updated January 8, 2009

Premium Lock Lenovo top management shares in 'resource deployment' pain

Lenovo CEO William Amelio Slashing of top managers' compensation and ouster of two top execs shows pain of "resource deployment plan" hits executive suite, too.

Updated January 7, 2009

Premium Lock Lenovo plans 'price sensitive' announcement, suspends trading

Lenovo's HQ The world's No. 4 PC maker is expected to disclose a restructuring along with some layoffs. Lenovo asked that share trades be "temporarily suspended."

Updated January 7, 2009

Premium Lock 2009 unlikely to be a 'breakout year,' so conserve, says Atlanta VC

 Survival of the Fittest VII: Noro-Moseley’s Michael Elliott does see growth opportunities despite economic slowdown. But he warns financing will be tough and Wall Street exits will remain rare.

Updated January 2, 2009

Premium Lock Lenovo to layoff 200 in Beijing as part of restructuring, Chinese magazine says

Changes coming at Lenovo, magazine says Report is latest in a series from Chinese sources that says world’s No. 4 PC maker is planning major shakeups.

Updated December 30, 2008

Premium Lock Looking for a job? Social media offers opportunities – and obstacles

Social media plays bigger role in job searches entering 2009 Traditional resumes and an ol' boys/girls network simply isn’t enough any more. A new paradigm is in play.

Updated December 29, 2008

Premium Lock New site Telonu lets users review jobs — and layoffs

 With the job market as bad as it is, a crummy review may not dissuade you from taking a job, but at least you’ll know what you’re getting into.

Updated December 29, 2008

Premium Lock Duke begins hiring for launch of health study at N.C. Research Campus

Crystal Overcash says she's proof that you don't need a college degree to work at the N.C. Research Campus.

December 19, 2008

Premium Lock New media, advertising network Glam launches ‘variable pay’

 Fixed pay is out, compensation based on advertising sales is in at California firm. Will this be a future trend for similar sites?

Updated December 19, 2008

Premium Lock Three executives, including former interim CEO, leave etrials

 Provider of ‘eClincal’ software for clinical trials management says company is ‘reshaping’ to meet marketplace demands. Reorganization is second this year.

Updated December 12, 2008

Premium Lock What's the deal with ROI now? Immediate return – or no business

 Innovation Exchange: If you can't build a credible economic justification that generates fiscal results quickly, it doesn't matter if you have the latest and greatest idea on the planet. You won't make any money on your idea and/or gain any street ‘cred’ if you don't make the ROI argument. It's as simple as that.

Updated December 12, 2008

Premium Lock Lenovo bids more than $800M for Brazilian PC maker, paper says

 World’s No. 4 computer manufacturer has not said publicly it wants to buy Positivo but has acknowledged interest in making acquisitions.

Updated December 11, 2008

Premium Lock Lenovo chairman acknowledges 'preliminary' acquisition talks

Yang World’s No. 4 PC-maker has reportedly discussed buying PC-maker in Brazil in deal worth $2B. Yang says Lenovo is in 'preliminary discussions' for possible deal. Analyst says deal fits Lenovo growth criteria.

Updated December 10, 2008

Premium Lock Nortel seeks advice about potential bankruptcy, Wall Street Journal reports

Telecommunications gear maker Nortel Networks is preparing for a possible bankruptcy filing in the event a recently launched restructuring plan does not work, the Wall Street Journal reported Wednesday.

Updated December 9, 2008

Premium Lock Good news: More companies plan to hire than to slash jobs, survey says

Job picture improving, Manpower survey says Latest Manpower report indicates first-quarter employment could improve. Most firms plan to maintain headcount. NCSU economist finds report 'reassuring.'

Updated December 9, 2008

Premium Lock Unable to raise capital, Relativity Technologies sells to U.K. firm for $9.7M

 Raleigh-based software modernization firm had raised more than $24 million in venture capital since 1997. CEO says he expects few layoffs, but will not stay with combined venture. Founder Vivek Wadhwa is 'disappointed' in selling price.

Updated December 9, 2008

Premium Lock Lenovo CEO predicts PC industry consolidation, stays mum on possible acquisition

More changes at Lenovo? In press conference in China, William Amelio also won't rule out further layoffs or a restructuring of world's No. 4 PC maker. Amelio also to expand product lines, focus on emerging markets.

Updated December 3, 2008

Premium Lock As nuclear winter approaches, will a job gossip site like 'FC' emerge?

Will layoffs in tech industry spawn another FC? If so, the creator of the popular Web site chronicling the 'dot-com' bust will have to have new creator.

Tags: Layoffs
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