Small Business Administration to reorganize, cut about 2,700 jobs
The layoffs are part of a larger campaign by the Trump Administration to shrink the federal workforce.
Layoffs
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Anchor Marc Mullins to exit WRTV as part of staff cuts
E.W. Scripps, parent company of WRTV-TV Channel 6, is reportedly trimming positions at several of its 62 TV stations.
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Battery maker EnerDel files for Chapter 7 bankruptcy
The company’s bankruptcy filing comes less than a month after it shut down its Andersen plant in a decision that blindsided employees.
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Contract drugmaker Catalent shrinks as pandemic wanes
The New Jersey-based company has announced two large rounds of layoffs at its Bloomington plant within six months—400 workers last December and 150 this month.
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Amazon cuts 9,000 more jobs, bringing 2023 total to 27,000
The job cuts would mark the second largest round of layoffs in the company’s history, adding to the 18,000 employees the tech giant said it would lay off in January.
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Articles
US economy added 151K jobs in February amid warnings of weak springtime labor market
The data was collected the second week of February, when Elon Musk’s Department of Government Efficiency was beginning to cut agency workforces and federal contracts and grants were frozen or cut.
Medical debt collection agency closes in Fishers
The collection agency, which had more than 90 employees, was ordered in 2023 to pay a $1.68M penalty for violations of federal debt-collection and credit-reporting laws.
Slightly more Americans apply for unemployment benefits last week, but layoffs remain relatively low
Some analysts say they expect layoffs ordered by the Department of Government Efficiency to show up in the report in the coming weeks.
Southwest Airlines slashing 15% of its corporate workforce
The Dallas-based airline said Monday that the the first major layoffs in its 53-year history would be focused almost entirely on “corporate overhead and leadership positions.”
Salesforce cutting 1,000 jobs while hiring salespeople for AI
Technology companies have grown more accustomed to regular job reductions after a massive wave of layoffs at the start of 2023.
General Motors lays off about 1,000 workers in cost-cutting move
GM and other automakers have been navigating an uncertain transition to electric vehicles both in the U.S. and worldwide, trying to figure out where to invest capital and how fast the switch will happen.
Elevance Health laying off 123 workers in California
The Indianapolis-based insurer is making the layoffs just a week after reporting a disappointing third-quarter profit and lowering its full-year earnings guidance.
Pridgeon & Clay to close Franklin manufacturing plant
The manufacturer said the move will affect 125 workers.
Copeland to close Greenfield distribution center
Copeland Corp. said the move will result in the termination of 75 workers in mid-January.
U.S. job openings fall slightly, but remain higher than expected
Layoffs dropped to 1.5 million, lowest since November 2022 and down from 1.7 million in May, a sign that employers remains reluctant to let go of staff.
Pharmacy software company lays off 71, including 11 at Indy HQ
Just three years ago, Indianapolis-based Innovation Associates had huge hopes for growth here. But instead of growing, the company is now shrinking. Last week, the company quietly laid off 11 people in the Indy office and 60 people in other markets.
Daimler Truck subsidiary to close Plainfield remanufacturing plant
Detroit Diesel Remanufacturing LLC said the closure will affect a total of 80 workers, the first of which are expected to be laid off next month.
HR-tech firm UKG eliminating 2,200 jobs, including some in Indianapolis
UKG informed employees earlier this week that it was cutting about 14% of its workforce so the company could “aggressively focus on critical areas of growth.”
Cisco Systems to lay off more than 4,000 workers in latest sign of tighter times in tech
Cisco foresees sluggish demand for its products and software services during the next three to six months while its customers exercise “a greater degree of caution” amid an uncertain economic outlook, CEO Chuck Robbins said.
Logistics firm closing Indy facility, laying off 110 workers
Tennessee-based Kenco Logistic Services LLC did not specify to state officials why it decided to close the facility at 202 S. Belmont Ave. The layoffs are scheduled to occur on March 19.
Salesforce to cut about 700 workers, adding to tech layoff flood
Other tech companies, such as Microsoft Corp., Alphabet Inc.’s Google and Amazon.com Inc., also signaled layoffs this month.
Is the tech recession over? Maybe.
After peaking early this year, the number of tech industry layoffs—and the number of companies cutting those jobs—appears to have slowed in recent months.
Logistics firm to close operations in Plainfield, idling nearly 250 workers
Based in Texas, Alan Ritchey Inc. describes itself as a family-owned company that provides services to the government, as well as industrial, agriculture, energy and transportation sectors.
Indianapolis chemical maker closing 159-worker plant
Aurorium, which traces its roots to Reilly Industries, is closing a facility at a site that has been home to a chemical manufacturing plant since 1921.