Updated May 7, 2007
Layoffs will be much higher, according to PBS blogger. IBM’s Triangle workforce ‘will not go unscathed,’ union exec says.
Updated May 2, 2007
TechLaw: 10 points for that are essential for managing bards of directors to successful outcomes.
Updated April 20, 2007
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
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
Raleigh-based mobile content developer expands relationship with Mattel for several new titles across different geographic regions.
March 21, 2007
Some 465 people will be affected by the sale. Tekelec business unit is based in Texas.
Updated March 16, 2007
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
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
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
Fourth quarter revenues jump $10 million from previous three months. Company forecasts ‘modest’ growth in 2007.
February 1, 2007
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
A site in Lenoir is expected to produce a $37 million increase in state revenues over 12 years.