Posts tagged “Layoffs”

Updated 8:36 a.m. yesterday

Twitter cuts 9 percent of workforce + Graphical view: Slowing user growth

Twitter Twitter, seemingly unable to find a buyer and losing money, is cutting about 9 percent of its employees worldwide. Plus: A graphical view of its slowing growth.

2:44 p.m. Wednesday

AT&T to close flooded Goldsboro call center; workers offered chance to transfer

AT&T                      AT&T is closing a call center in Goldsboro that was flooded during hurricane Matthew but the affected employees are being offered a chance to transfer to other locations. AT&T is offering them a $10,000 relocation allowance.

Updated October 14

Cutting nearly 20% of Charlotte workers, Charter says workers could relocate, keep jobs

Layoffs        Charter Communications, the new parent of Time Warner Cable, will lay off 258 employees at its Charlotte location starting this November, according to a notice filed to the state Commerce Department. In a statement, Charter says the affected workers were offered the opportunity to keep their jobs if they chose tor elocate.

Updated October 10

Premium Lock Merged Dell-EMC confirms layoffs begin; up to 3K expected

Dell Technologies, the name for the recently merged Dell and EMC, has begun laying off some of the combined company's 140,000 employees. As many as 3,000 cuts are predicted, according to Bloomberg news. Dell confirmed layoffs started earlier this week but calls the number "not material." EMC has a large operation in the Triangle.

EMC has a data center in Durham EMC has a data center in Durham

October 7

Premium Lock Cree names president for lighting (+ career highlights), cuts some jobs

Cree logo Durham-based Cree is adding a new executive to help lead its LED lighting business. Plus: A look at the career experiences of the new executive. Meanwhile, the company is also making some layoffs.

October 3

Pfizer workers brace for hundreds of layoffs in Rocky Mount

Pfizer Drug giant Pfizer could begin making hundreds of layoffs at its manufacturing plant in Rocky Mount as early as Tuesday.

September 29

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 September 29

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 September 27

Premium Lock 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.

Updated September 1

Premium Lock 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.

Updated August 18

Premium Lock Cisco to lay off 5,500 workers as focus shifts to software from networking gear

Cisco's campus on Kit Creek Road in RTP  Cisco Systems said Wednesday that it will lay off 5,500 employees as the Internet gear maker scrambles to adapt to technology changes that have reduced demand for its main products.

Updated August 3

Premium Lock Durham startup Spoonflower lays off 18% of its work force

Spoonflower, one of the Triangle's highest profile startups which raised $25 million last year and hired a top executive with IPO experience, has laid off 18 percent of its work force, the firm's president confirms to WRAL TechWire.

Spoonflower's colorful lobby Spoonflower's colorful lobby

Updated August 3

Premium Lock Investor: Spoonflower 'in great shape' despite layoffs

David Jones Just a year ago, Bull City Venture Partners invested in fast-growing Durham startup Spoonflower as part of a $25 million round. The company recently cut 18% of its work force. But BCVP's David Jones remains a big Spoonflower advocate.

Updated July 5

Premium Lock More IBM mass layoffs coming - This time to the Netherlands in a first

IBM layoffs     In a leaked document, executives at IBM Netherlands describe how "Resource Balancing 2016" i.e. job cuts - are hitting that business group for the first time. The resource action, as IBM calls layoffs,could affect "several hundreds," a source tells Watching IBM at Facebook.

June 29

Premium Lock Biden cancer drug threat; Windows 10 update; Dow job cuts; top China net exec is out

Bulldog In today's wrapup of technology and life science news: Vice President Joe Biden threatens drug makers over trial information; Windows 10 gets an update; Dow Chemical to cut N.C. jobs; and China's top Internet regulator is replaced.

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