Whirlpool to cut 1,100 jobs, close Indiana plant
Whirlpool Corp. said today that it will cut 1,100 jobs by closing a refrigerator factory in Evansville. The jobs will be eliminated
in mid-2010.
Layoffs
Articles
HICKS: Structural unemployment not always a burden
A few weeks ago, a couple of my economist colleagues took issue with the phrasing in one of my columns. In a rare turn
of events, they are right, and I was wrong.
Muncie manufacturer Duffy calling it quits
Duffy Tool & Stamping LLC in Muncie has notified the Indiana Department of Workforce Development
that the company will close its plant by the end of October. Roughly 130 workers will lose their jobs as a result
of the closure, Duffy said in its July 27 filing.
Automotive industry’s fall dilutes manufacturing jobs
The fact that Indiana is shedding manufacturing jobs is well-known, but you can thank a neighbor to the north for keeping track of every last one. The Milwaukee Journal-Sentinel reported recently that Wisconsin had taken the top spot, ahead of Indiana, in terms of the portion of employment in manufacturing—15.6 percent, versus Hoosiers’ 15.4 percent.
Gannett cuts cost 37 Star employees their jobs
Thirty-seven people were laid off at the Indianapolis Star yesterday and today as part of Virginia-based parent Gannett
Co. Inc.’s attempt to grapple with the swooning economy and falling advertising revenue. Seventeen of those laid off were
in the newsroom of the state’s largest daily newspaper, including seven editors, which constitutes one-fourth of the
editorial management team.
WTHR lays off 20-year vet, plus chopper pilot
Channel 13 eliminates two positions to trim costs, and hopes for a revenue increase in the second half of the year.
Star newsroom braces for pay cuts, possible layoffs
he next two weeks could be critical in determining the level and quality of staffing in the newsroom of The Indianapolis Star, the state’s largest daily newspaper. The paper’s union—which represents about 160 news staffers—and management have been at an impasse since employees’ union contract expired Dec. 31.
HICKS: Certain unemployment causes worse than others
Unemployment often is a necessary and natural part of a healthy economy. But job losses that come when workers or even entire
industries become redundant are especially painful.
Churches look for ways to pay off construction projects planned before recession took toll on collection plates
In Indianapolis and around the country, congregations that expanded before the recession are now taking drastic measures,
including budget cuts that have resulted in layoffs, salary reductions and giving less to charities.
Critics: Tax hike ‘defies logic’
Critics say the Legislature’s plan to shore up the insolvent Indiana Unemployment Insurance Trust Fund places the bulk of the financial
burden on already ailing businesses with the least ability to pay.
Lauth, a once-booming developer, has sliced 90 percent of work force, lost control of some properties
Struggling developer Lauth Group Inc. has cut about 90 percent of its staff and lost control of part of its portfolio to a
major equity partner-developments that raise doubts about whether the locally based company can survive the recession.
Simon layoffs would jeopardize HQ incentive deal
During one of the worst markets for real estate in decades, at a time when developers of all sizes are shedding employees, officials with Simon Property Group Inc. continue to insist they have had zero layoffs.
Prolonged woes reshape Connersville, city once known as ‘Little Detroit’
With economists predicting the statewide unemployment average will reach 10 percent this year, the experience of a hard-hit
city like Connersville offers a glimpse of what lies ahead for other manufacturing-reliant Hoosier communities.
50-year employee leaves IMS
Bill York, who has worked in the Indianapolis Motor Speedway press room since 1958, is no longer with the Brickyard.
Indianapolis weathering recession better than rest of state, U.S.
Compared to most of the rest of the state and nation, Indianapolis is an occupational dynamo.
Horse trading key to solving unemployment deficit
In the past, lawmakers ignored the need to fix financing for the Unemployment Insurance Trust Fund, and now they must come
up with solutions that will be difficult for both Democrats and Republicans to accept.
Cultural institutions fear bear-market toll
The scenario for area art institutions could darken considerably in 2010, 2011 and 2012, as cultural institutions fully account for devastating investment losses in their endowments â?? a key source of income.
For unemployed, searching for job is full-time endeavor
As job losses accelerate in the worst recession in a generation, it’s becoming tougher and tougher for even well-educated,
experienced professionals to find work �¢?? or at least to find a job in the area and at the pay they want.
Stern’s definition of ‘golden age’ is laughable
Of this, that and the other while wondering if NBA Commissioner David Stern had just taken a hit off Michael Phelps’ bong
when he proclaimed this to be "the golden age of basketball" during his all-star weekend news conference in Phoenix.