Friday, August 29, 2008

Report: Job market equally tough for employees, employers

From Austin Business Journal, August 28, 2008...

As competition intensifies among technology and financial services to recruit skilled workers, some companies are trying to retain older workers to make up for the shortage, according to a national survey.

According to the 2008 employment and growth report by Robert Half International and CareerBuilder.com, employees and employers are reporting equal challenges in the job market.
“A dual hiring environment seems to be taking shape,” says Max Messmer, chairman and CEO of Robert Half International. “Job seekers in some fields are competing aggressively for open positions, giving employers the edge in those segments of the hiring market.

At the same time, however, companies continue to face a shortage of highly skilled professionals in fields such as technology and accounting. These in-demand workers may not be willing to leave secure positions unless firms extend very attractive job offers.”

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Wednesday, August 20, 2008

Twelve Austin companies make Inc. 500 list

From statesman, August 21, 2008...

Inc. magazine on Wednesday named a dozen local companies to its annual Inc. 500 list.

The compilation of the country's fastest-growing privately held companies, which was based on revenue growth from 2004 to 2007, included the following Austin-Round Rock companies:

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PayPal doubles Austin office space

From statesman, August 15, 2008...

In a little over a year in Central Texas, PayPal has grown to 200 people, most of them software developers, at its new Northwest Austin technology center.

Now, the online payments company has doubled its office space in Austin and plans to keep hiring aggressively.

Chief executive Scott Thompson offered explanations for the expansion: His company is growing fast, it needs more technical workers and it likes what it sees in Austin.

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Monday, August 11, 2008

Austin company provides video services for Beijing Olympics

From statesman.com, August 11, 2008...

Friday's opening ceremony extravaganza at the Beijing Olympics has drawn kudos from around the world — and so has the Austin company that the provided the control technology for the massive display of video effects.

High End Systems Inc. has drawn rave reviews from lighting industry professionals from around the world for how well its video systems performed at Beijing's National Stadium, which is known as the Bird's Nest.

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Midway to lay off much of staff at Austin studio

From statesman.com, August 12, 2008...

One of Austin's largest game development studios is about to get a lot smaller. Midway Games said Monday it is laying off between 90 and 130 workers in Austin, which will leave about 45 employees locally.

Midway, best known for its "Mortal Kombat" series of games, said that it is also canceling an unannounced game on which the studio had been working.

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