Posts tagged “Layoffs”
Cloud-computing software maker Citrix Systems said it would cut about 700 full-time and 200 contractor jobs as part of a restructuring to improve operational efficiency. Citrix CEO Mark Templeton commented on the news on social media.
A "resource action," or layoffs, that a worker described as a "bloodbath" is underway at IBM under the name "Project Chrome," workers are telling the Alliance@IBM Union. One of the first posts Wednesday came from RTP. IBM confirmed cuts are being made.
Workers at IBM are telling the Alliance@IBM union that layoffs as part of what Big Blue calls a "resource action" are set to begin Wednesday. IBM confirmed Monday plans to cut thousands of jobs, having set aside some $600 million to cover the cost of a restructuring.
Like a pendulum, world media jumped on a report that IBM was cutting some 26 percent - or more than 100,000 jobs. Then IBM issued a sharply worded denial. The media responded, widely reporting that news. But the fact remains: IBM acknowledged that a lot of jobs will be lost in a restructuring but Big Blue also is on a hiring binge.
IBM is undergoing a major internal restructuring as Chair and CEO Ginny Rometty tries to reverse nearly three years of dwindling returns. But is Big Blue really going to cut as many as 100,000 jobs as has been reported over the weekend? Not even the Alliance@IBM is buying in completely to the story.
GSK layoffs in China?; Lenovo-Xiamoi showdown; NC wind energy study; China blocks VPNs; Box prices IPO; Uber woes; Verizon loss
In today's Bulldog wrapup: GSK reportedly will lay off 1,000 in China; Lenovo takes on Xiaomi with own cheap smartphone in India; feds seek public input on coastal NC wind energy study; China shutting down virtual private networks; Box prices its IPO; Denmark may ban Uber; and Verizon reports a quarterly loss.
European Space Agency 'cloud' includes Red Hat; Uber raises $1.6B; HondaJet CEO honor; Google wireless?; eBay cuts 2,400; LG curved smartphone
In today's Bulldog wrapup of technology news: Red Hat lands European Space Agency as a customer for cloud services; Uber raises $1.6 billion; Honda Aircraft's CEO receives aviation award; Google may be selling wireless services; eBay is slashing jobs; and LG readies launch of curved smartphone.
Hospira, a manufacturer of drug products and medical devices, is closing its plant in Clayton which employs some 250 people. Hospira says the facility will close after an "extensive analysis" of the plant, products made there and as part of the firm's modernization efforts.
Veteran journalist Jim Shamp sees upside and downside in the recently announced job cuts at GlaxoSmithKline. After all, he notes, cuts in the past as GSK evolved locally from Burrough Wellcome to Glaxo to Glaxo Wellcome and today have produced a harvest of new companies, new ideas, and products. "Yes, a shakeup like GSK's cutback announcement is shattering," he writes. "But these are smart, talented people who will get back on their feet and contribute greatly to North Carolina's life science future."
Parata Systems, a manufacturer of robotic drug dispensing systems in Durham, is downsizing two facilities and laying off 110 workers. The total represents more than 40 percent of its Triangle work force.
Dr. Derek Lowe, a veteran pharmaceutical scientist and long-time Internet blogger, was among the first to report details of GSK's 20% job force reduction in RTP. Fed information from friends and contacts within the industry, he has written several insightful blogs about what's happening at the drug giant and across the pharmaceutical industry, particularly in R&D. And he tells WRAL TechWire that GSK's cuts are a "severe blow" to the Triangle.
GlaxoSmithKline will lay off hundreds of research and development workers at its Research Triangle Park campus, the company said in an official notice to the state.
Up to 450 employees of drug giant GlaxoSmithKline who face being laid off may find employment quickly at Parexel, a life science research firm with an office in RTP. GSK says it has signed a letter of intent to create a GSK-focused group within Parexel.
Trending in the Triangle: Get the pulse of technology in the Triangle with the best in local technology, venture, biotech, and life science news on Wednesday, Dec. 3, 2014 as curated by @WRALTechWire.
In a statement, GlaxoSmithKline explains the cutbacks being made in research and development at Research Triangle Park and other locations. "Our proposed changes to R&D will sharpen the focus in discovery and development and reduce funding in certain areas of the pipeline," the drug giant says.
GlaxoSmithKline is preparing to lay off hundreds of workers in the U.S., according to various media reports. A company spokesperson in RTP, where the company operates its North American headquarters, confirms that a reorganization is underway but won't comment on specifics.
IBM is said to be making huge job cuts but few people in the U.S. know about it because the reductions are taking place in India. Some reports say the cuts are hitting as many as one third of the 165,000 Big Blue workers there. Meanwhile, IBM's CEO is replacing the head of Global Technology Services, the biggest revenue driver for the tech giant.
IT service providers continue to consolidate headcount across regions while seeking to optimize global delivery operations though automation. Technology Business Research Inc.'s (TBR) semiannual Global Delivery Benchmark documents vendor performance, attrition and utilization rates, as well as market, growth and profit drivers across 14 of the largest systems integrators.
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