The credit rating for the parent company of Stratus Technologies was downgraded last week due to concerns that the Maynard-based company's debt position wasn't sustainable in the long term.
Do you or someone you know have a feeling of dread every Sunday night because you have a lot of working waiting for you the next morning? If you do, you're part of a sizable majority, according to a new poll from Maynard-based Monster.com.
Sales professionals have a general positive outlook on their industry, according to a new Monster.com survey. The survey found than 42 percent of respondents felt confident they could find a new job if they needed one. Meanwhile, 58 percent surveyed said they would relocate for the right opportunity.
Most workers are willing to commute up to 30 minutes each way for their dream job, while 11 percent would travel for more than an hour each way, according to a new survey by Maynard-based Monster.com.
Saying the company's restructuring efforts have been completed and the “desired savings have been achieved,” Maynard-based Monster Worldwide Inc. cut second-quarter operating expenses to $192 million, from $210 million last year, the company said in its quarterly financial report.
Maynard-based Acacia Communications, which makes optical and electrical technology for data transmission, said it has closed a $20-million round of financing from four investors.
Citing tough competition and saying the bulk of its corporate restructuring efforts have been implemented, Maynard-based employment recruiter Monster Worldwide Inc. reported mixed results for its first quarter of 2013.