Teacher layoffs and other cutbacks in education and local government drove the North Carolina unemployment rate up to 10.1 percent in July, the highest rate since February 2010. The private sector gained 6,900 jobs, but state government shed 300 jobs, and local government jobs decreased by 11,800. Employment data indicates that a majority of those [...]
Continue reading...Friday, April 15, 2011
Banks across the country have been laying off mortgage workers because of the dwindling home-loan market in the U.S., and now Bank of America is joining in the fray, according to a report on April 14 by the LA Times. Bank of America, which is based is Charlotte, N.C., is laying off 1,500 of its [...]
Continue reading...Tuesday, February 22, 2011
ConAgra is laying off 230 workers at a Slim Jim plant in North Carolina as the company prepares to close the plant and shift the jobs to an existing facility in Ohio. The plant was damaged in an explosion in 2009 that killed four people and caused extensive structural damage. 750 people worked at the [...]
Continue reading...Friday, February 18, 2011
GlaxoSmithKline, the London based pharmaceutical company, announced that its latest round of cuts in its R&D program will eliminate jobs in the US. Less than 50 jobs total will be lost, about half of those coming out of North Carolina’s Research Triangle. These jobs cuts are part of a bigger cost saving plan announced after [...]
Continue reading...Monday, January 24, 2011
BSH Home Appliances Corp., manufacturer of dishwashers, washers, dryers, ovens, warming drawers and microwaves, announced a plan to close one of its production lines that will result in the removal of about 100 workers at its manufacturing plant in New Bern, North Carolina. The California-based company officials said that they need to downsize its workforce [...]
Continue reading...Wednesday, December 8, 2010
After a recent real estate clash and economic recession, ZipRealty Inc., a national real estate company, announced its plan of removing around 129 real estate agents in its North Carolina headquarters. The job cuts will be concentrated in the company’s Raleigh and Charlotte offices since the state has not been profitable for the real estate [...]
Continue reading...Wednesday, December 1, 2010
ValueOptions Inc., a state Medicaid contractor, disclosed the possibility of axing around 155 employees from its Morrisville service center if their contract with North Carolina’s Division of Medical Assistance will not be renewed or extended in 2011. On Nov. 24, Barbara Marshall, ValueOptions human resources director, said that they sent proper notice regarding their layoff [...]
Continue reading...Thursday, October 21, 2010
The company that provides security for the Dell plant in Forsyth County, North Carolina, has notified the state that 59 of their employees will be laid off. The Atlanta-based Secur America is the company responsible for hiring both the full- and part-time employees on a contract basis. It was announced last October that the manufacturing [...]
Continue reading...Thursday, August 5, 2010
The Thomas Built Buses plant in High Point, North Carolina will see about 220 workers laid off at the end of August. That according to the union that represents workers at the plant. The company has confirmed a temporary shutdown of the plant but remains tight-lipped about layoffs. Plant employee Maurice Pate is uncertain about [...]
Continue reading...Wednesday, July 21, 2010
AreaDevelopment Online: New Bern, North Carolina’s Hatteras Yachts has plans to invest some $4.7 million in growth while creating 350 jobs in the next five years. To do so, parent company Brunswick Corporation will move its recent West coast acquisition, Cabo Yachts, east, installing it with Hatteras under the same roof where both companies will [...]
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Wednesday, August 24, 2011
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