The awards celebrate Maine businesses that excel in the manufacturing and service professions.
wex
Posted inBusiness, Maine, News
Wex is laying off 375 employees worldwide, including around 45 in Maine
A spokesperson for the global payment processing company based in Portland said the majority of the layoffs are coming from its Technology organization.
advertisement
Posted inBusiness, Maine, News
Impact of remote work still echoes in Portland’s office buildings
Though it has fared better than other metropolitan areas – the national office vacancy rate has hit record levels – the city, and its businesses, feel the pinch.
Posted inBusiness, Maine
Wex sues HP for copyright infringement over its new software system
The federal lawsuit says that HP’s ‘Workforce Experience Platform’ – or WEX – is a fleet management software tool that has similar features to what Wex provides.
Posted inBusiness, Maine, News
Portland-based Wex reports strong growth in 2023
CEO Melissa Smith says the company is positioned to ride market cycles in part by investing in technology, including AI.
Posted inBusiness, News
Wex will invest $100 million in the future of electric vehicles
The strategy might seem like a shift for the Maine-based payment processing company, but it’s long been involved in the EV industry.
Posted inBusiness, Maine
Wex laying off 150 employees worldwide as it prepares for ‘next phase of growth’
The Portland-based payment technology company said 30 of the job cuts are taking place in Maine.
Posted inMaine, Uncategorized
Wex severs ties with Russian oil company Lukoil North America
The Portland firm had continued doing business with a subsidiary of Russian-based Lukoil after the invasion of Ukraine, but changed course on Friday.
Posted inMaine, Uncategorized
Wex and Idexx won’t say whether they’ll suspend doing business in Russia
The Maine-based companies will say only that they will abide by the sanctions imposed by the U.S. and Europe because of the invasion of Ukraine.
Posted inMaine, Nation / World, Uncategorized
Outgoing Portland police chief will take over as security director at Wex
Chief Frank Clark has accepted a position as director of global security at Wex and will start later this year, the company said Tuesday.