Facebook’s parent is looking to reduce costs by at least 10%, people familiar with the plans said, while Google has required some employees to apply for new jobs. Read More...
American City Business Journals
How Raleigh, Triangle lost its most prominent public companies
Despite the efforts of economic development officials and millions of dollars spent on trying to lure major public companies, the fact remains the Triangle is almost bone-dry when it comes to hosting corporate headquarters of large companies. In fact, in the past 20 years, it has lost major companies to mergers, asset sell-off, product discontinuation and system redundancies.
