Job Market

United Community Bank hires team of bankers from Truist

Six bankers who formerly worked at Truist Financial Corporation (NYSE: TFC) in Atlanta will join the commercial team at United Community Bank (NASDAQ: UCBI), as the bank continues to expand its commercial banking in the Atlanta market, United announced Thursday. These hires are among 13 new commercial team members to join the bank in Atlanta over the last 12 months, driving a 50% increase in the size of the Atlanta market’s commercial operation. “Atlanta is very important to our company’s…

Delta CEO issues last call for voluntary buyouts before potential furloughs

Delta has set a deadline for employees to take voluntary buyouts and early retirements, and involuntary furloughs may be looming. In a memo dated July 9, Delta Air Lines Inc. chief executive officer Ed Bastian said employees must “submit for an enhanced retirement or voluntary departure” by Monday, July 13. Volunteers are eligible to receive “significant cash severance, retiree medical benefits and flight benefits,” according to Bastian. So far, “thousands” of employees have opted to leave the Atlanta-based…

Nervous About the Phone Interview? Don’t Be!

Phone interviews are not exactly a new normal for us at Focus of Georgia, but they’re important as ever as we continue to social distance and encouraging our clients to do the same. While in person interviews are already nerve-wrecking (yes, we get it!) we imagine phone interviews hold a similar feeling for our candidates…. Read more »
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Georgia Cyber Center tenants respond to pandemic with remote work, more security

When the $100 million Georgia Cyber Center opened on July 10, 2018, it was hailed as a unique facility dedicated to improving cybersecurity through research, workforce development and entrepreneurship. Since the onset of the coronavirus pandemic, the Cyber Center’s tenants, which include academic facilities, private companies and government agencies, have responded in similar ways.  “The Georgia Cyber Center was a bold and unprecedented investment by the state of Georgia designed to leverage…

Camden County makes short list for sustainable energy company’s $600M new plant

Camden County, Georgia, is on the short list for a new facility from a sustainable energy company, according to news reports. Camden County Joint Development Authority James Coughlin told The Brunswick News the unidentified company plans to invest more than $600 million in the project. Georgia is competing with sites in Texas and Florida, he said. The company is looking for a second facility to expand existing operations. The proposed Georgia site is off U.S. 17 and Harrietts Bluff Road, close…

Tenants struggle to build a bridge to somewhere

About this series The New Math is a weekly analysis exploring the fast-changing economics shaping how different classes of commercial real estate are being used and developed by tenants and landlords in a post Covid-19 world. In the span of roughly three months, working from home has become a critical extension of Corporate America that is, perhaps indefinitely, transforming the way we look at the office.  Top of mind for most companies at the moment is how to cost-effectively transition employees…

Duke Energy, Dominion abandon the $8 billion Atlantic Coast Pipeline

The $8 billion, 600-mile Atlantic Coast Pipeline is dead. Dominion Energy Inc. and Duke Energy Corp. are canceling the project because of continuing court delays likely to drive the price tag higher. That would threaten the economic viability of the project, they say. Bound up in the cancellation is Dominion’s decision, announced separately, to sell it gas transmission business to Berkshire Hathaway Energy for $4 billion in cash and the assumption of $5.7 billion in debt. Charlotte-based Duke…