ChannelAdvisor is hiring. A few years back, that wouldn't be stop-the-presses sort of news.
But this is the great recession, after all. And it is the same technology company that in January announced its second layoffs in four months, cutting about 50 workers, including 25 at its headquarters in Research Triangle Park.
Now its business has improved and the company is hoping to hire 20-25 people, mostly in sales but also a few engineers.
"In January, we were sitting there looking over a cliff and we didn't know what was at the bottom," said CEO Scot Wingo. "The word a lot of our partners are using is 'stabilized,' which is good."
ChannelAdvisor, which now employs 245, designs software that allows retailers to sell and market goods online. It makes money from online sales transactions and service fees.
It's not that all the bad news is over. Revenue is increasing about 10 percent this year compared to last. At its peak, ChannelAdvisor saw revenue rise more than 40 percent annually.
But the company was profitable for the first half of the year. On Monday, ChannelAdvisor reported that it added more than 250 new customers during the second quarter, including Rosetta Stone, TigerDirect and Vodafone.
Now ChannelAdvisor is trying to recruit new sales staff that can help boost revenue this year and into 2010.
One positive side of the downturn: With unemployment at 9.5 percent nationally and 11 percent in North Carolina, there are more people seeking jobs.
"Hiring is never easy, but there is a lot of good, available talent out there," Wingo said. "We're doing our part to help the employment picture."