Posts tagged “Layoffs”

Updated May 7, 2007

Premium Lock Lean Times: More Than 12,000 Pink Slips Coming at IBM, Union Warns

Latest deal is IBM's biggest. Layoffs will be much higher, according to PBS blogger. IBM’s Triangle workforce ‘will not go unscathed,’ union exec says.

Updated May 2, 2007

Premium Lock Managing Your Board of Directors

Daniels Daniels Verdonik TechLaw: 10 points for that are essential for managing bards of directors to successful outcomes.

Updated April 20, 2007

Premium Lock China Workforce Is Spared in Latest Lenovo Job Cuts, Exec Says

Lenovo in English and Chinese Senior VP tells Chinese media layoffs ‘will eliminate redundancies. Of 1,400 layoffs, 350 will take place at HQ in Morrisville. That represents more than 20% of Triangle workforce.

Updated April 2, 2007

Premium Lock Trimeris Plans Further Layoffs

Trimeris In SEC filing, Trimeris says cuts will cost $1.1M. Some workers and responsibilities for HIV drug Fuzeon to be transferred to Roche.

Updated March 28, 2007

Premium Lock Tokyo Gaming for Barbie: Oasys Teams with Mattel for More Mobile Titles

Raleigh-based mobile content developer expands relationship with Mattel for several new titles across different geographic regions.

March 21, 2007

Premium Lock Tekelec Sells Switching Business Unit to Rival Firm

Some 465 people will be affected by the sale. Tekelec business unit is based in Texas.

Updated March 16, 2007

Premium Lock AIDS Pioneer Dani Bolognesi Retires in Management Shakeup at Trimeris

 Researcher who helped develop HIV drug Fuzeon is out as CEO as of Friday. CFO also will retire as a ‘turn-around’ executive is brought in. Meanwhile, Trimeris does report first profit, also regains drug candidate from partner Roche.

February 16, 2007

Premium Lock Quintiles Exec, a Martin County Native, Helps Home Town Land New Center

Quintiles International contract research organization’s new data processing facility in Williamston has a very local connection. Center will create 60 jobs.

Updated February 7, 2007

Premium Lock Nortel to Cut More Than 10 Percent of Workers

Nortel logo Some 3,900 people will lose jobs. Of those positions, 1,000 will be transferred to 'lower-cost' locations. Stock jumps 9% on news.

February 6, 2007

Premium Lock Trimeris Reports 20% Growth in Global Sales of HIV Drug

Trimeris Fourth quarter revenues jump $10 million from previous three months. Company forecasts ‘modest’ growth in 2007.

February 1, 2007

Premium Lock Lenovo's 'Innovation Triangle' Includes Raleigh, CEO Tells Raleigh Audience

William Amelio during brief interview with WRAL Local Tech Wire. In speech at Emerging Issues Forum, William Amelio lauds Research Triangle for its knowledgeable workforce. However, he says Lenovo's presence can’t be taken for granted and says a well-educated workforce in future is essential.

Updated January 19, 2007

Premium Lock Google Picks N.C. for $600 Million Data Center, Up to 210 Jobs

Google picks N.C. A site in Lenoir is expected to produce a $37 million increase in state revenues over 12 years.

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