UPDATE: Cintas to close east-side Indianapolis facility, cut 69 jobs
The company, which provides uniforms and other workplace supplies, said some of the workers can reapply for work at its other local plants.
Layoffs
Articles
Angie’s List axes 70 Indy positions in latest round of layoffs
The job cuts, which happened Thursday, are part of the company’s focus on “continued operational effectiveness,” a spokeswoman said.
Carrier releases official Indianapolis layoff numbers
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.
Tech leaders claim mixed emotions about Angie’s List sale
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.
New inmate health provider for state plans to rehire most of current staff
The firm set to take over as health care provider for the Indiana Department of Corrections plans to hire most of the 700 employees of the vendor it will replace.
Widely supported work-sharing bill dumped—again
The Indiana Chamber of Commerce, organized labor groups and a bipartisan group of lawmakers have for years pushed the Legislature to implement a work-sharing program.
Broad Ripple tech firm lays off a third of its workforce in cost-cutting move
A crucial technology platform revamp didn’t go as planned last year, so Odyssey Media opted to rein in costs until that’s completed, according to its CEO.
Stumbling HHGregg shares face delisting from stock exchange
The New York Stock Exchange has notified HHGregg that the company’s stock price needs rise above avoid a delisting. Its market cap also needs a boost.
Lilly to lay off hundreds after failure of Alzheimer’s drug
Eli Lilly and Co. plans to lay off hundreds of U.S. sales representatives in coming months, following the disappointing failure of an experimental drug for Alzheimer’s disease announced last week.
UPDATE: Carrier strikes deal with Trump to keep 1,000 jobs in Indy
President-elect Donald Trump and Vice President-elect Mike Pence plan to be in Indianapolis on Thursday to detail the deal.
IndyStar cuts at least two jobs, plans to eliminate seven more
The Star is seeking to eliminate the paper’s copy desk and move those duties to Louisville. But the newsroom’s union plans to fight to keep the jobs in Indianapolis.
Manufacturer ‘tentatively’ decides to move Indy operations to Mexico
Hundreds of employees at Rexnord Corp.’s west-side plant would lose their jobs if the firm goes through with the plans announced Friday.
CountryMark revenue drops 40 percent as oil prices plunge in last two years
After a six-year run-up for the Indianapolis-based oil refiner that saw its revenue nearly double, the company has eliminated about 25 jobs, 2 percent of its workforce, in recent months.
Indiana city concerned about loss of 700 jobs
The United Technologies Electronic Controls plant that is moving operations to Mexico is Huntington’s largest employer.
City to face another hard-to-fill shuttered factory
The only memories of thousands of long-gone manufacturing jobs are the giant, vacant factories left behind when companies bolt—after consolidation, restructuring or in search of cheaper labor.
Trump to Carrier: Stay where you are or build in the U.S.
Trump, a frequent critic of trade deals, twice referred to Carrier as he discussed trade and jobs at a Republican presidential debate Saturday night in South Carolina.
Caterpillar closing 5 plants, cutting 670 jobs
The cuts over several states are part of a larger cost-saving campaign announced last year. They’re expected to affect operations in Indiana, where Caterpillar employs about 3,000.
Wal-Mart to close 269 stores amid increasing competition
Of the 154 stores being closed in the U.S., 102 will be in its Walmart Express category, which has been in a pilot program since 2011. About 10,000 U.S. employees will be affected.
U.S. applications for jobless aid continue decline
The U.S. job market continues to appear strikingly robust. Over the past 12 months, the number of people collecting unemployment benefits has dropped 7.7 percent to 2.2 million.
Applications for unemployment benefits drop near 15-year low
The trend indicates that employers are confident enough in future consumer demand to retain their staffs. The number of people receiving benefits fell 50,000 to 2.22 million.