Battered insurer MDwise readies for turnaround
The CEO who took charge last summer of the Indianapolis company that provides health insurance, food, career help and other services to low-income people acknowledges he has a big job ahead.
The CEO who took charge last summer of the Indianapolis company that provides health insurance, food, career help and other services to low-income people acknowledges he has a big job ahead.
The company said in a statement the closure would help it “reduce complexity, improve efficiency and enhance customer service.”
KGP Telecommunications LLC says a major customer recently reduced its business with the firm, necessitating the layoffs at two Warsaw facilities.
Less than three years after acquiring a manufacturer of metal components with operations in Muncie, JD Norman Industries Inc. has decided to close the facility and terminate its 130 employees in December.
The two manufacturing facilities in northern Indiana plan to end operations in August and April, respectively.
The Indianapolis-based health system is under pressure from parent Ascension to cut costs, and has signaled in recent months that it plans to transform its delivery system.
Employees have been notified that their jobs will be eliminated in phases beginning in August and concluding Oct. 31.
The office will close next month because Yellow Pages is outsourcing the work to an firm in India, employees say in a federal aid application.
The retail giant confirmed to IBJ on Friday that it intends to rehire DHL workers, who also could have a chance to transfer to other DHL facilities.
It’s the second round of layoffs announced at Jeffersonville-based Jeffboat in the past few months.
A client has decided to move its customer service operations in-house, according to the firm.
The layoffs are expected to take place Feb. 2, according to a notice filed with state workforce development officials.
The barge and towboat manufacturer Jeffboat LLC notified the Indiana Department of Workforce Development of the layoffs, citing slumping demand.
The number of Americans collecting unemployment benefits fell last week to the lowest level since Richard Nixon was president.
Approximately 550 employees have either left Angie’s List voluntarily or been laid off since Jan. 31, according to public filings.
Despite the layoffs and the loss of several major contracts at the east-side manufacturing plant, Adidas officials say they intend to continue operating and investing in the facility.
The company, which provides uniforms and other workplace supplies, said some of the workers can reapply for work at its other local plants.
The job cuts, which happened Thursday, are part of the company’s focus on “continued operational effectiveness,” a spokeswoman said.
More than a year after the local shutdown announcement that landed Carrier Corp. in the national news, the manufacturer has finally released an official count of the number of jobs it plans to cut.
They’re wondering if Angie’s List will be like ExactTarget, whose acquisition spawned job growth, or if jobs will erode over time. They’re also concerned about losing yet another mature, locally based tech firm with a major corporate presence.