Samsung Electronics says it will invest $3 – $4 billion to upgrade an Austin memory-chip making plant so that it can produce chips for mobile devices.

AUSTIN, Texas – Competition for technical talent can be fierce, and often employers find that their best recruiting tool isn’t the job or even the corporate culture, but the city where the job is located. And no one sells a city better than the people who are already working there. Austin’s Chamber of Commerce organizes [...]

Austin is one of the bright spots in the national employment picture. While US unemployment ticked up to 8.2% last month and the economy created just 69,000 jobs, Austin’s unemployment rate is just 5.9% and the local area economy is expected to create 19,000 new jobs this year and 20,000 next year. The Austin Chamber [...]

The three most populous states in America each saw significant job growth during the last 12 months, according to data released today by the US Bureau of Labor Statistics. California, Texas and New York were the leaders among the 27 states that experienced statistically significant increases in employment. California added 250,700 jobs, Texas added 248,500 [...]

Daily deal site BuyWithMe needs to sell more than coupons to stay afloat — the company is reportedly on a desperate search for a buyer, and has just laid off 100 employees with no warning and no severance. Employees reportedly knew the company was in trouble, but did not expect massive layoffs at this time. [...]

The Statesman | May 6, 2011 | Kirk Ladendorf Altera Corp. said Thursday that it is setting up a semiconductor design center in Austin that it expects will employ “several hundred engineers” within the next few years. ….. Read full article here via The Statesman

According to an alliance of IBM Corp. (IBM) workers for the union organization Alliance@IBM, the technology kingpin is slashing jobs across the country, which includes the possibility that Austin will be affected. The alliance is affiliated with the Communication Workers of America, and alleges that the Calif.-based IBM uses a “churn and burn” policy towards [...]