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Downsizing
Unemployment benefit requests jump again
September 15, 2011
Associated PressThe number of people applying for unemployment benefits jumped last week to the highest level in three months, another sign
that the job market remains depressed.
MoreState unemployment rate climbs back to 10 percent
May 21, 2010
Indiana unemployment figure hits double digits in April for the first time since September, showing how volatile the job market
remains.
MoreWeather blamed for unexpected rise in jobless claims
February 25, 2010
Associated PressNew claims for unemployment benefits jumped unexpectedly last week, mostly because state agencies processed a backlog of
claims caused by snowstorms the previous week.
MoreColumbia City plant to close, nixing 135 workers
February 12, 2010
IBJ Staff and Associated PressFort Wayne Foundry Corp. will shutter the auto parts factory for the second time in a year, as its jobs head to Mexico, according
to a union official.
MoreLilly reorganization to cut 5,500 positions over 2 years
September 14, 2009
J.K. WallEli Lilly and Co. will cut 5,500 jobs by the end of 2011 as it tries to cut $1 billion in expenses before it loses revenue
from its bestselling drug, Zyprexa. Lilly CEO John Lechleiter said he did not know how many of those cuts would occur in central
Indiana. But with
13,600 employees working in the Indianapolis area, he acknowledged the largest chunk of reductions likely would come here.
MoreLilly offering buyouts to 4,000 sales reps
August 4, 2009
Indianapolis-based Eli Lilly and Co. today said it is offering buyouts to its U.S. sales force,
with hopes of trimming about 300 sales representatives before a sales restructuring set to begin in January, Reuters reported.
MoreBoomtown on hold: Recession delays Honda's full impact on Greensburg
June 22, 2009
Kathleen McLaughlinJobs created by the new manufacturing plant have been offset by losses elsewhere in the community, and related development
remains scarce. But local officials remain optimistic about Honda's long-term impact.
MoreChurches look for ways to pay off construction projects planned before recession took toll on collection plates
May 25, 2009
Kathleen McLaughlinIn 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.
MoreCIB executive director out-earns governor, mayor combined
May 18, 2009
Cory SchoutenBarney Levengood, executive director of the financially-struggling Capital Improvement Board, is one of the state's highest-paid
public employees, and some wonder if his pay should be cut.
MoreWith pharma famine looming, Lilly relying on snack-size deals
May 4, 2009
J.K. WallCompared with some of his pharmaceutical CEO peers these days, John Lechleiter has his company on a diet. Instead of using
a mega-merger to bulk up before the famine that patent expirations will bring on the industry next year,
Lechleiter has Eli Lilly and Co. burning management fat while looking for smaller companies to munch on.
MoreLauth, a once-booming developer, has sliced 90 percent of work force, lost control of some properties
April 20, 2009
Cory SchoutenStruggling 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.
MoreSimon layoffs would jeopardize HQ incentive deal
April 20, 2009
Cory SchoutenDuring 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.
MoreGM workers hesitate to bite at buyout bait
February 16, 2009
Kathleen McLaughlinGM workers must decide by March 24 whether to take a buyout, but the lack of jobs due to the recession coupled with the cost
of health care makes their decision especially difficult.
MoreLet's strive to keep companies here
February 2, 2009
Don't lose sight of viable businesses in your own backyard.
MorePowerway lays off 14 after losing software deal with Chrysler
June 16, 2008
Cory SchoutenLocally based Powerway Inc. is scrambling to shrink its work force and remake its business plan after the firm's most lucrative
customer--the ailing automaker Chrysler LLC--said it will no longer use Powerway software or mandate its use among the company's
hundreds of suppliers. Powerway laid off 14 employees and slashed salaries for many who remain after it learned of Chrysler's
plans on June 6.
MoreDisplaced older workers abandon hopes of landing similar work
September 3, 2007
Ed CallahanA growing percentage of men and women nationwide are reaching a career crossroads at a time when most would hope to have it
made. Almost a quarter of the 3.8 million Americans displaced from their jobs from 2003-2005 were 55 or older, according to
the U.S. Bureau of Labor Statistics, up from 21 percent in the prior three years.
MoreAuto-job slide accelerating
March 19, 2007
Peter SchnitzlerIndiana's automotive manufacturing employment for the last decade peaked at 142,000 in 1999. Since then, the sector has shed
20,300 jobs-a staggering one-seventh of its total. Another 5,220 are slated to be cut soon. And there's no end in sight.
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Many serial killer types and psychopaths work as lowly bureaucrats, just waiting to impose their wrath on a powerless person, child, or pet. Don't forget, the BTK killer was a dog catcher.
If a television station wants to improve viewership, get rid of the local blackout. I was born by the brickyard, and have attended 15 or more races. I have children now, I won't attend unless circumstances are perfect. As those with growing families know, they never are. I'm always impressed that upwards of 250,000 people attend the 500. However, as a growing, or, more apt, sprawling city, Indianapolis and its immediate suburbs count almost 2.2 million. Show the race live, let the venue get a kick-back on revenues, and open-wheel racing might have a fighting chance to be relevant again. Just in time for those tax-payer lights to make sense.
John Moore, I too have had the same issue recently. A property next to my house was on the Land Bank and I was interested in purchasing. When I tried to contact Reggie, I got back emails that had nothing to do with what I asked about. Actually my latest response from him was on this past Friday. I had asked about how to buy the property and if it was still available. His response to me was to contact the mayor's office to get the schedule of his appearances. (???) Hopefully the city is able to do something to fix what this guy has done, it would be nice if they would take the properties back and sell them properly so land owners like me and you mother would have a fair chance.
I too work in the industry, with over 25 years of experience and your political spin has probably nothing to do with any rebranding. "Let's dress it up" would have nothing to do with the government "telling us how and what to eat." Give it a political rest. And being a producer for a radio show doesn't mean you've been involved in advertising and branding for 30 years.
Ms. Morris did not understand the ways of the business world, otherwise, like the IMS, she could have petitioned the State Legislature for a handout of State Funds for her charity work. Ms. Morris should consider becoming a state lobbyist for Lemonade Stand Operators.