As many areas of the economy still struggle to rebound, the information technology (IT) sector appears to be on its way to recovery with two major companies announcing expansions.
In Indianapolis, the consumer review website Angie’s List said it plans to double its staff at its local headquarters, adding as many as 500 new jobs within the next four years.
The company, founded by its only employee Angie Hicks in 1995, said it will pour more than $11 million to expand its campus and train new workers.
The news comes after another information technology company, Knowledge Services, announced plans to expand its headquarters and add 200 new jobs in northeast Indiana.
In North Carolina, IT service company HCL Technologies said it will be adding to its local workforce in Cary, hiring about 300 new employees by next spring.
The Wake Forest Times Observer reports that HCL’s Cary office is already the India-based company’s fastest growing U.S. facility.
HCL is among a number of other high-tech companies that have announced expansions in the area, including Xerox subsidiary Affiliated Computer Services, who said it will hire about 250 local workers next year.

read more

Posting slower-than-expected revenue growth, flash software maker Adobe Systems Incorporated has announced it would be laying off hundreds of workers in the U.S. and Europe. The news isn't quite so bleak for New York software developer Altair, who has nearly 600 open positions advertised on its website.

The Wall Street Journal reports that the California-based Adobe said it would be cutting as many as 750 jobs in order to better concentrate on its digital media and digital marketing departments.

Adobe said the restructuring also included a bigger investment in its web formatting called HTML5, rather than its popular Adobe Flash player.

Meanwhile, the Troy, New York-based simulation software maker Altair is looking to fill hundreds of jobs at its headquarters and other offices around the world, according to MLive.com.

The company said it was having trouble finding qualified workers with technical degrees. Altair said it recently held 10 job fairs with a focus on hiring talented students, mostly from master's degree programs. The company also announced a new internship program, which is set to get underway next summer.

read more