Alexander Ovtchinnikov, senior vice president and chief technology officer at IPG Photonics Corp., is the second executive from the Marlborough-based company to retire within the past three months as IPG's new CEO attempts to combat the effects of falling stock prices and global stock issues.Â
The life sciences industry is in the middle of a rough patch. Following a frenzied expansion in the wake of the COVID pandemic, the industry centered around the Cambridge-Boston global hub is experiencing a right sizing, leading to layoffs and vacant lab spaces, particularly in Eastern Massachusetts.
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Traditional volunteering can provide help for projects like serving meals at shelters, and skills-based volunteering can help support nonprofits by utilizing volunteers’ professional expertise in areas such as finance or marketing.
The WPI hotel-to-housing controversy sparked a secondary conversation about the organization which initially led the charge by sending WPI a fiery public letter.
The City of Worcester’s chief diversity officer position has been vacant for nearly two and a half years, a timeframe longer than any individual has held the role since its creation in 2016.
As the U.S. faces an ongoing behavioral health provider shortage, one Worcester program is working to boost BIPOC representation in the mental health field.
Four years ago, in the wake of George Floyd’s murder at the hands of a Minneapolis police officer and the ensuing national reckoning on race, business and political leaders in Central Massachusetts and across the nation were falling over themselves to embrace diversity, equity, and inclusion initiatives in an attempt to mitigate the stain of America’s original sin.
The chief technology officer of Marlborough-based IPG Photonics Corp. is heading to retirement, as the company’s new CEO looks to overcome falling stock prices and global demand issues.