IPS to lay off 109 workers, look for further cuts
The state’s second-largest public school district is continuing to look for further cost reductions in its operations and, down the road, in its buildings.
The state’s second-largest public school district is continuing to look for further cost reductions in its operations and, down the road, in its buildings.
The jobless rate in the Indianapolis metropolitan area improved in May to 7.4 percent from 7.6 percent a year ago.
Of 112 public and large private-company CEOs, only four are women, although women make up 47 percent of Indiana's work force. The four Indiana companies with a woman as CEO at the end of 2012—Bioanalytical Systems, Fortune Industries, Defender Direct and HP Products Corp.—were among a tiny group nationwide with women at the helm.
Founded in 2007 by Purdue University students, Weeks Communications has established a new headquarters in Broad Ripple and plans to invest $4.1 million as it aggressively hires new employees.
The shutdown is the latest in a recent string of layoffs and closures by the global company in its Indiana operations.
The expansion by the Indianapolis-based digital marketer would follow its $95.5 million purchase last year of Atlanta-based marketing automation firm Pardot.
The Indianapolis pharmaceuticals giant said Thursday that it would lay off hundreds of U.S. sales reps, as it prepares for the loss of patent protection on two of its best-selling drugs.
Ohio-based Standard Printing says it will invest nearly $10 million to lease and renovate a 335,000-square-foot facility.
Interactive Intelligence says it needs more workers to handle increased business as it attracts larger clients and grows its sales related to cloud data storage and management.
Contech Castings LLC has suspended certain operations at plants in Auburn and Pierceton and laid off more than 200 employees after losing a customer to a competitor.
Thousands of Indiana’s rank-and-file factory workers have seen their earnings lose ground to that of white-collar workers. The gap has grown even as manufacturers expect their assembly-line workers to have more skills and more advanced education.
Sensient Technologies Corp. has alerted state officials that it will lay off 125 workers from its Indianapolis operations. That follows the company’s announcement that it plans to move its local Flavors & Fragrances Group headquarters to suburban Chicago.
A plan aimed at matching up Indiana's workforce training programs with available jobs unanimously cleared the state House on Tuesday, as legislators from both parties embraced it as a possible way to help lower the state's stubborn unemployment rate.
U.S. employers added 155,000 jobs in December, a steady gain that shows hiring held up during the tense negotiations to resolve the fiscal cliff.
Brotherhood Mutual Insurance Co. expects to hire the employees by 2016 as part of a $15 million expansion that includes building a 54,395-square-foot facility at its headquarters.
Indiana shed 9,800 private-sector jobs in November, mainly due to losses in the construction industry, according to state officials.
The Elkhart County Council on Saturday approved tax incentives for four companies seeking to expand in the county where the jobless rate topped out at nearly 19 percent in March 2009.
The Labor Department’s report Friday offered a mixed picture of the economy. Hiring remained steady during November in the face of looming tax increases. But the jobless rate slipped in part because more people stopped looking for work.
A deal struck 25 years ago brought Subaru-Isuzu to Indiana. Toyota followed in 1996, and Honda came in 2008. The three Japanese automakers now collectively employ 10,000 and support thousands more jobs at suppliers across the state.
The Indiana Business Research Center attributes the predicted slowdown during the next 30 years to an increasing number of baby boomers entering retirement and a cresting of the decades-long rise in female labor force participation.