Posts tagged “Employment”

January 9

Red Hat plays job recruiter, persuading software firm to pick Raleigh

Jim Whitehurst   Chief Executive Jim Whitehurst says he has already persuaded another open-source software development company to open a 12-person office in Raleigh, but he declined to identify the firm.

January 6

Lenovo expanding Triad distribution center, may add workers

New jobs The distribution center in Whitsett is being expanded by more than one third to 240,000 square feet, according to the Triad Business Journal.

January 5

Advocacy group calls for changes in state jobs recruitment

Jobs wanted "As policymakers consider reforming the state's economic development incentive programs, North Carolina should take the high road in its economic recovery by creating more jobs, pursuing better‐paying jobs, and holding companies accountable for the job‐creation promises they make," says the NC Budget & Tax Center.

January 4

Raleigh area should see 'sustainable' growth in economy, jobs this year

Dr. John Silvia However, two economists tell an economic forum that the recovery from the 2007-8 recession will not he as strong as rebounds from previous recessions.

Updated January 3

Look for North Carolina's economy to accelerate in 2012

Analysis: The direction of the Index at the end of 2011 suggests the state's economic growth will accelerate at the beginning of 2012.

NCSU Index points to growth in 2012 NCSU Index points to growth in 2012

January 3

Two events to preview state of economy for 2012

Economic turmoil and uncertainty N.C. Bankers Association and Greater Raleigh Chamber of Commerce bring in economists to analyze what's ahead for conferences on Tuesday and Wednesday.

January 2

Red Hat to add 'at least' 1,000 jobs in 2012, CEO says

'Cloud computing' is driving the expansion of the Raleigh-based company's work force, Jim Whitehurst tells a newspaper. The world's largest Linux software developer is among the emerging leaders in cloud computing.

Jim Whitehurst   Jim Whitehurst

Updated December 16, 2011

If recession hits, companies will slash to the bone, CFOs say

Economy "CFOs would slash employment by 8 percent and hack investment spending by 30 percent. And let me emphasize, that is from today's already depressed levels," warns Duke finance professor Campbell Harvey.

Updated December 16, 2011

Raleigh, Durham, Fayetteville fall in 'Best Performing Cities' report

The two Triangle metro areas drop in the annual survey by the Milken Institute with job growth and high-tech economic input dragging down their scores. Raleigh-Cary falls to 7th from 14th; Durham-Chapel Hill falls to 33rd from 15th. Fayetteville dropped to 36th from 18th.

Comparing Raleigh, Durham in "Best-Performing Cities" data Comparing Raleigh, Durham in "Best-Performing Cities" data

Updated December 16, 2011

Finance execs predict 1-in-3 chance of recession in 2012

Chief financial officers are somewhat more optimistic in new Duke-CFO Magazine survey, but the risk of another recession is still high.

Duke CFO survey: Some optimism Duke CFO survey: Some optimism

December 15, 2011

High-tech job openings across NC fall slightly in November

The decline of 50 postings to 3,890 ends two months of growth, according to a new report from the N.C. Technology Association. The number of openings remains fewer than in the same month in 2010 for the fifth consecutive time.

Tech job openings decline Tech job openings decline

December 9, 2011

BCBS outsourcing IT, 185 workers in $250M deal

Blue Cross Blue Shield of North Carolina is shifting most of its information technology workers and ownership of its data center to Fujitsu America. No layoffs are planned, BCBSNC says. Fujitsu won the contract through competitive bid process.

Blue Cross Blue Shield of North Carolina sign Blue Cross Blue Shield of North Carolina sign

Updated December 8, 2011

BCBS outsources data center, 185 employees in $250M deal

Blue Cross Blue Shield of North Carolina sign Fujitsu America will take over the data center and information systems support services from BCBS and offer jobs to most of IT related employees. The deal "offers efficiency, cost savings," BCBS says. Pay packages for affected workers will be the same, BCBS says.

December 8, 2011

Financial hiring in the Triangle not as grim as some suggest

New jobs Opinion: The Triangle has experienced a considerable uptick in activity for financial and accounting recruitment within the last year. We have witnessed many candidates who have multiple offers for employment, as well as those who have left contract work for better-paying permanent positions.