TECHWIRE 30
(CIX: WRAL30)  1,110.36    (0 %)  Updated: 08:10 PM EDT, Aug 29 2014
(NQ: Apple)  102.50    (0 %)  Updated: 08:10 PM EDT, Aug 29 2014
(NY: QUINTILES)  56.12    (0 %)  Updated: 06:40 PM EDT, Aug 29 2014
(OP: BASF SE)  102.90    (0 %)  Updated: 08:10 PM EDT, Aug 29 2014
(NQ: BioCryst)  13.50    (0 %)  Updated: 08:10 PM EDT, Aug 29 2014
(NQ: BioDelivery)  16.00    (0 %)  Updated: 08:10 PM EDT, Aug 29 2014
(NQ: CEMP)  10.57    (0 %)  Updated: 08:10 PM EDT, Aug 29 2014
(NQ: Cisco Systems)  24.99    (0 %)  Updated: 08:10 PM EDT, Aug 29 2014
(NQ: Cree)  45.56    (0 %)  Updated: 08:10 PM EDT, Aug 29 2014
(NQ: DARA)  1.25    (0 %)  Updated: 08:10 PM EDT, Aug 29 2014
(NY: EMC CORPORATION)  29.53    (0 %)  Updated: 06:40 PM EDT, Aug 29 2014
(NQ: Extreme Networks)  5.33    (0 %)  Updated: 08:10 PM EDT, Aug 29 2014
(NQ: FB)  74.82    (0 %)  Updated: 08:10 PM EDT, Aug 29 2014
(NY: GLAXOSMITHKLINE)  49.10    (0 %)  Updated: 06:40 PM EDT, Aug 29 2014
(NQ: GOOG)  571.60    (0 %)  Updated: 08:10 PM EDT, Aug 29 2014
(NY: IBM)  192.30    (0 %)  Updated: 06:40 PM EDT, Aug 29 2014
(NY: LH)  107.23    (0 %)  Updated: 06:40 PM EDT, Aug 29 2014
(OP: Lenovo Group)  30.52    (0 %)  Updated: 08:10 PM EDT, Aug 29 2014
(NY: MRK)  60.11    (0 %)  Updated: 06:40 PM EDT, Aug 29 2014
(NQ: Microsoft Corp)  45.43    (0 %)  Updated: 08:10 PM EDT, Aug 29 2014
(NQ: NTAP)  42.16    (0 %)  Updated: 08:10 PM EDT, Aug 29 2014
(NY: NOVARTIS AG)  89.84    (0 %)  Updated: 06:40 PM EDT, Aug 29 2014
(OP: Novozymes A/S)  46.24    (0 %)  Updated: 08:10 PM EDT, Aug 29 2014
(NY: PFIZER)  29.39    (0 %)  Updated: 06:40 PM EDT, Aug 29 2014
(NQ: Pozen)  8.30    (0 %)  Updated: 08:10 PM EDT, Aug 29 2014
(NY: RED HAT)  60.92    (0 %)  Updated: 06:40 PM EDT, Aug 29 2014
(NQ: BBRY)  10.18    (0 %)  Updated: 08:10 PM EDT, Aug 29 2014
(NQ: Salix)  159.11    (0 %)  Updated: 08:10 PM EDT, Aug 29 2014
(NQ: SQI)  15.97    (0 %)  Updated: 08:10 PM EDT, Aug 29 2014

Posts tagged “Layoffs”

Updated August 22

Lenovo exec, a former IBMer, says union claim about massive Big Blue layoffs in '05 is 'not true'

Alliance at IBM, which is seeking to represent Big Blue employees, on Thursday issued a statement in which it warned current IBMers who will transition to Lenovo as part of the $2.3 billion x86 server transaction, about layoffs. it claimed big layoffs were part of the initial IBM-Lenovo PC deal in 2005. A senior Lenovo executive and a former IBMer involved in that deal says the union's claim is "not true."

IBM's x86 server business operates globally IBM's x86 server business operates globally

Updated August 20

Cisco's COO: Big layoffs 'just the wrong way to do it'

A blogger about Cisco obtained access to internal video and audio recordings of company execs discussing the tech giant's new layoff round that will affect some 6,000 workers. Business Insider published some of the information, including an interesting remark from Chief Operating Officer Gary Moore. Plus, a new report shows one reason why Cisco is facing challenges: Its router market share has plunged.

Cisco COO Gary Moore talks jobs as Gov. McCrory listens Cisco COO Gary Moore talks jobs as Gov. McCrory listens

Updated August 14

Cisco's Chambers: New layoffs are 'strategic,' a 'tough decision'

Just two months ago, Cisco announced a major expansion of its work force in RTP with the promise of more than 500 new jobs. Wednesday night, Cisco's top executive disclosed plans to lay off some 6,000 workers across the company. It's the second large round of job cuts to hit the firm in a year.

Cisco's John Chambers Cisco's John Chambers

Updated August 14

Premium Lock Cisco's Chambers on restructuring: 'If we do not disrupt ourselves ...'

Cisco makes layoffs Early in a conference call with analysts, Cisco Chairman and CEO John Chambers disclosed that a "limited restructuring" - i.e. layoffs - was underway at the tech giant. In his own words, Chambers describes why Cisco is cutting some 6,000 jobs.

August 8

Google using its clout to widen use of encryption

Google        Websites that automatically encrypt their services will now be boosted higher in Google's recommendation system. The move involves a change in the search engine giant's closely guarded formula for determining the rankings of its search results.

July 21

Premium Lock Microsoft-Xbox layoffs could impact 'Gears of War' digital series

Nearly the entire staff of the Xbox Entertainment Studios division is being let go as part of Microsoft's huge announced job layoffs. So does this mean now live action video for the "gears of War" franchise Microsoft acquired from Cary-based Epic Games earlier this year? WRAL TechWire Insider John Gaudiosi reports exclusively for Insider subscribers.

Marcus Fenix, the Gears of War star, is back in Gears 3 Marcus Fenix, the Gears of War star, is back in Gears 3

Updated July 17

Premium Lock Microsoft to lay off up to 18,000 workers over the next year

Layoffs      Microsoft, which has a large software-related operation in Charlotte, is going to cut its work force by some 18,000 in coming months, the tech giant said Thursday. This would be the largest round of cuts at the company in five years.

July 15

Premium Lock Report: Microsoft is planning thousands of layoffs

Layoffs      Microsoft, which has a large software-related operation in Charlotte, is planning its "biggest round of job cuts in five years," reports Bloomberg news. The restructuring could be the biggest in the company's history.

Updated June 5

Premium Lock Cisco's COO: 'Thank God we had a crisis' that triggered layoffs

In a candid presentation to Wall Street, Cisco's chief operating officer and president says the tech giant was "fat around the middle" and that he can "actually thank God" for the crisis that triggered thousands of layoffs and a restructuring three years ago. Those comments likely offer no comfort to the people who lost jobs, even if Cisco is better off as a company today after all the changes.

Gary Moore Gary Moore

June 3

Premium Lock IT groups boycott IBM; McConnell joins Keona board; Siemens slashing jobs; NC bank picks SAS; NetApp raising $500M; DataChambers picks contractor

Bulldog Bulldog tech and life science roundup: Tech groups boycott IBM, Manpower, Infosys over foreign job recruiting; McConnell joins Keona board; Siemens cutting 3,800 jobs; Bank of North Carolina picks SAS; NetApp raising $500 million; Raleigh contractor to build NC Research Campus data center.

Updated May 30

Premium Lock Medical device manufacturer in Asheboro moving jobs to Mexico

Layoffs      Arrow International, which is part of Teleflex, is scaling back production at its facility in Asheboro over the next two years, Asheboro's mayor disclosed Thursday. Jobs are being moved to Mexico, the company says.

Updated May 23

Premium Lock HP to cut as many as 15,000 additional jobs

Meg Whitman HP's move revises upward a previous target of 34,000 job cuts. In May 2012, eight months after former eBay Inc. CEO Meg Whitman took the reins, HP unveiled the chief executive's initial restructuring plan, which called for a headcount reduction of 27,000.

May 23

Premium Lock Inside HP's layoffs, reboot: Giant must better connect with changing market

Newest Chromebook from Google, HP Analysis: HP's first-quarter results include encouraging signs that its cornerstone PC and server businesses are regaining momentum. However, while HP continues to invest heavily to expand its portfolio of PCs, servers, software, converged storage and cloud capabilities Technology Business Research believes HP will remain a work-in-progress into 2015.

May 9

Premium Lock POZEN revenue up, plans to reduce R&D workforce

Pozen The pharmaceutical company's royalty revenue continues to rise and they expect a profitable year, but setbacks in drug candidates with the FDA have the company cutting staff in research and development to protect its balance sheet.

May 5

Premium Lock 22 layoffs: 'Cash management actions' at LipoScience

Layoffs      Howard Doran, who took over as CEO at LipoScience (Nasdaq: LPDX), is taking "cash management actions" to preserve capital. In other words, layoffs. And 22 people are being let do.

Updated April 24

Premium Lock Unions call for 'reorientation' at IBM in joint statement

IBM Global Union Alliance  Alliance@IBM in the U.S. joins with two other unions in Western Europe and the IBM Global Union Alliance wants IBM to show more "appreciation" for Big Blue workers, a "new jam" with management about how to shape IBM's future, and "meaningful investments" rather than being focused on driving up earnings. They use a quote from retired chairman and CEO Sam Palmisano about iBM's greatest invention being its workers as part of their argument.

Updated April 22

Premium Lock Unions spell out 'demands' to IBM, plan to step up organizing

While IBM didn't announce any more job cuts during a conference call last week to discuss its latest earnings, unions representing IBMers overseas and Alliance@IBM, which wants to unionize workers in the U.S., met in Europe to discuss strategy. They agreed on a series of "demands" that call for Big Blue to "protect" its "loyal work force."

Lee Conrad picketed IBM in RTP two years ago Lee Conrad picketed IBM in RTP two years ago

Updated April 16

Premium Lock IBMers fear more layoffs; Street expects another revenue drop in report today

Layoffs IBM is due to report in latest quarterly financials today, and speculation is circulating that Big Blue may announce another work force "rebalancing." In other words, layoffs. Meanwhile, Citigroup has cut IBM shares to "neutral" from "buy," and the Street expects the tech giant to report an eighth straight quarterly decline in revenue.

Updated April 11

Premium Lock NC high-tech job picture shows improvement in March

The daily average of advertised openings for information technology jobs across North Carolina improved slightly last month but remains well below 2013 levels.

IT job openings up slightly in March IT job openings up slightly in March

Updated March 14

Premium Lock IBM pays Chinese workers $6K for transition to Lenovo

Chinese workers who went on strike to protest IBM's sale of a plant to Lenovo are being paid $6,000 to accept the transfer. No such offers are being reported for workers in the United States.

IBM workers in China protest Lenovo deal IBM workers in China protest Lenovo deal

Techwire Inside Partners
The Skinny: A Blog by Rick Smith

OUR INSIDERS

Frank Vinluan
Life science
Vivek Wadhwa
Commentary
Dr. Mike Walden
Tech economy
Scroll