Layoffs

State’s unemployment rate holds steady at 8 percent

December 21, 2012
Scott Olson
Indiana shed 9,800 private-sector jobs in November, mainly due to losses in the construction industry, according to state officials.
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Hostess to close all plants, fire thousands of workers

November 16, 2012
Dan Human, Bloomberg News
Hostess Brands Inc. said Friday it will close all of its plants, leading to the loss of hundreds of jobs in Indiana and thousands more nationwide. The company employs 288 in Indianapolis.
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Diamond Foods closing Fishers plant with 100 employees

October 30, 2012
Scott Olson
The maker of snack foods such as Pop Secret popcorn and Emerald nuts said it will close its Fishers plant, which it purchased in 2006 from Harmony Foods Corp., on Jan. 31.
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Indiana manufacturers see momentum vanishRestricted Content

October 27, 2012
Dan Human
The state lost an estimated 1,400 manufacturing jobs in September, the U.S. Bureau of Labor Statistics reported, and a wave of layoff announcements in recent weeks suggests steeper declines are coming in the year’s final quarter.
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Food-equipment maker closing state plant with 235 workers

September 10, 2012
Manitowoc Foodservice said it will eliminate 235 jobs with a Fort Wayne plant closure slated for April 30. The company gave no reason for its decision.
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Caterpillar laying off 167 workers in Lafayette

August 3, 2012
Associated Press
Caterpillar Inc. says it's laying off nearly 170 workers at its Lafayette Large Engine Center in response to a drop in demand.
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Elkhart factory to close by 2013, costing 210 jobs

July 26, 2012
Associated Press
Auto-parts maker Gunite Corp. plans to move its manufacturing operations to Rockford, Ill., phasing out Elkhart workers beginning in late September.
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J.C. Penney closing distribution center, laying off 230

July 2, 2012
 IBJ Staff
The distribution center, which opened in 2002 near the Indianapolis International Airport, will close by the end of September, company officials said.
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State’s unemployment rate held at 7.9 percent in May

June 15, 2012
The May jobless rate in Indiana was unchanged from April, although the state added 7,700 private-sector jobs last month, with gains in sectors including trade, transportation, utilities, and private educational and health services.
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Hundreds losing jobs at local Aurora Bank office

April 25, 2012
Scott Olson
The bank said it will terminate all 450 employees at its office on the northeast side of Indianapolis as the troubled residential mortgage servicing provider prepares to sell a large portion of its assets.
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Indianapolis Woman sold, entire staff released

April 24, 2012
Scott Olson
Weiss Communications Inc. sold the rights to publish the 18-year-old magazine to an unnamed Indiana investment group and fired its entire staff of 14 employees.
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Roche's downsizing to claim about 80 local IT workers

March 29, 2012
 IBJ Staff
Roche Diagnostics Corp. plans to eliminate about 80 information technology jobs at its Indianapolis-area campus over the next two years, the company said Thursday morning.
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Republic cutting up to 180 jobs in Milwaukee

February 14, 2012
Bloomberg News
Republic Airways Holdings Inc. expects to transfer 230 crew members to other cities as it cuts flights by its Frontier Airlines unit in Milwaukee, where it will eliminate as many as 180 jobs.
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Unemployment benefit requests jump again

September 15, 2011
Associated Press
The 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.
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Lafayette Life leaving in June; 159 jobs affected

March 30, 2011
All 159 employees of the insurance company will either relocate to Cincinnati or lose their jobs, according to a spokeswoman for Lafayette Life's parent company. Lafayette Life was founded in 1905.
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Sluggish demand for electric car forces layoffs at Ener1

March 25, 2011
Kathleen McLaughlin
Battery maker Ener1 has laid off about 3 percent of its 770 employees worldwide, partly because of lower-than-expected demand from the Think electric car being assembled in Elkhart. It had about 380 workers in central Indiana.
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Countertop maker to close Shelbyville plant

February 21, 2011
 IBJ Staff
Iowa-based VT Industries will close its countertop manufacturing plant in Shelbyville and move the work to a new facility in Maryland, the company said Friday.
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Old National-Monroe merger costing 59 jobs

February 17, 2011
 IBJ Staff
Almost 60 employees of Old National Bank and Monroe Bank are losing their jobs as the financial institutions combine their operations.
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Jobless rate falls to 9 percent despite weak job growth

February 4, 2011
Associated Press
The economy generated only 36,000 net new jobs in January, the fewest in four months, but the unemployment rate fell because many of those out of work gave up on their job searches.
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Local GM stamping plant layoffs to begin next month

December 2, 2010
 IBJ Staff
It’s official: General Motors will begin shutting down its Indianapolis metal-stamping plant Jan. 28, with an initial wave of layoffs that will cost 75 workers their jobs.
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Printpack closing 230-worker Greensburg plant

November 18, 2010
 IBJ Staff
More than 200 workers will lose their jobs when packaging materials maker Printpack Inc. will close its Greensburg plant early next year, the company said in a notice filed this week with the state Department of Workforce Development.
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BioCrossroads helping laid-off life sciences workers land safely

October 30, 2010
Chris O'Malley
Indiana firms have dismissed more than 1,400 life science workers over the last two years. Now BioCrossroads has launched a website that aims to keep that talent in the state.
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More job losses coming at doomed manufacturing plant

October 29, 2010
 IBJ Staff
Automotive Components Holdings, which makes hydraulic steering systems for Ford Motor Co., notified the state this week that it plans to permanently lay off 26 employees during the first two weeks of 2011.
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Cash crunch hits Indianapolis Urban League

October 28, 2010
Kathleen McLaughlin
After losing a key grant, Indianapolis Urban League laid off employees and failed to make three months' worth of retirement payments into one former worker's account—something that was remedied after the worker complained to the Labor Department.
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Principal Financial shift to result in local layoffs

October 20, 2010
 IBJ Staff
Financial giant Principal Financial Group Inc. is exiting the health insurance business, a move that will cost 60 Indianapolis workers their jobs.
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  1. Uh, sorry Johnnie, but you are incorrect. Despite the assertions by yourself and various defenders and captains, sports attendance is NOT off significantly at most sporting events in the US. Variances in attendance has been in the range of single digits, both + & - for years now. MLB has had most of its best overall attendance nubers in the last decade, and that trend has been consistent for most major sporting events. The number one issue cited by most fans when asked about attendance is the overall cost of attending. The presence of HD and big screen televisions in home doesn't even register, as a factor for not attending an event. VALUE in the product is the key, and apparently is something lacking in the current ICS. What other explanation is there when with what is routinely touted as the "best" racing on the planet, fans are staying away in DROVES. A "close" title battle into the last event at Fontana, with the "cars and stars" of the ICS, and who showed up? MAYBE 8K. Sorry, but HD TV isn't to blame for that kind of fan apathy.

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