Layoffs

State needs more unemployment analysis, statsRestricted Content

February 2, 2009
Morton Marcus
How are the economic development professionals in each Indiana county supposed to do their jobs when they don't get quality statistics like those provided to professional sports managers and coaches?
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Latest jobs numbers may change state's prioritiesRestricted Content

February 2, 2009
Ed Feigenbaum
Jobs themselves may become "Job One" for our elected officials.
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Buy-and-hold a bad tactic in these market conditionsRestricted Content

February 2, 2009
If world leaders don't quickly demonstrate the courage to stop printing money, the long term is shot. And since that courage isn't likely to surface anytime soon, investors should rethink traditional strategies now.
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Let's strive to keep companies hereRestricted Content

February 2, 2009
Don't lose sight of viable businesses in your own backyard.
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Union says Navistar foundry closing a surprise

January 28, 2009
Kathleen McLaughlin
United Auto Workers officials are hoping to find a way to keep open the foundry that has been associated with an east-side engine plant for 70 years, despite Navistar International Corp.'s plans to close both facilities by July 31.
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Small firms get creative to avoid layoffsRestricted Content

January 26, 2009
Peter Schnitzler
As the recession deepens, many small-business owners face a dilemma. When small businesses slow down, it doesn't make headlines like a shuttered manufacturing plant would. But relatively speaking, their layoffs are just as meaningful. Losing even a handful of key people can be crippling.
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Speedway, IRL make staff cutsRestricted Content

January 5, 2009
Troubles this year for the Indy Racing League and the Indianapolis Motor Speedway--which led to layoffs in December--started with a NASCAR event.
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Big Three automakers stay aliveRestricted Content

December 29, 2008
Kathleen McLaughlin
The weakest of the Detroit Three, Chrysler LLC and General Motors Corp., said they would run out of cash in 2009, potentially eliminating tens of thousands of jobs in Indiana alone.
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Davis Homes folds, other builders struggleRestricted Content

December 29, 2008
Cory Schouten
Davis Homes, one of the state's largest home builders, fell victim to the tough housing market, ceasing operations July 23.
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Turmoil forces National City saleRestricted Content

December 29, 2008
Cory Schouten
After a 17-year run in Indianapolis, National City's trademark green signs are set to be replaced with the blue of Pittsburgh-based PNC Financial.
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Beech Grove government bracing for budget cutsRestricted Content

December 22, 2008
Property-tax caps should help Hoosier homeowners save a bundle next year.
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Kite drops about 10 percent of its staff as retail market floundersRestricted Content

December 15, 2008
Cory Schouten
Kite Realty Group Trust has joined local peers Duke Realty Corp. and Lauth Group Inc. in laying off employees as it copes with dried-up credit and a soft retail market.
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Recession forces Shelby County's largest employer to cut workersRestricted Content

December 15, 2008
Knauf Insulation is cutting 11 percent of its work force in Shelbyville as the recession prolongs the housing downturn that began two years ago.
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Steepest job losses of recession are occurring nowRestricted Content

December 15, 2008
Mike Hicks
Ball State University's Indiana econometric model predicts that earnings in all of Indiana's major economic sectors except health care will decline in the next three months.
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Worst auto market in 30 years might force consolidationRestricted Content

December 8, 2008
Chris O'Malley
New car dealers, usually among the most resilient of all small businesses in weathering economic downturns, are hanging on for dear life this time around, portending a shakeout among Indiana's 520 dealers.
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Indiana should brace for auto falloutRestricted Content

December 8, 2008
The Big Three and the United Auto Workers do not appear to be serious about making the concessions and changes that are necessary to make them a viable entity for the long haul.
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Indiana's current recession may be less severe than 1982'sRestricted Content

December 1, 2008
Morton Marcus
With a growing labor market in Indiana, it would seem this recession, thus far, is an economic shock that may be of shorter duration and severity than the 1982 decline.
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Y&L ad firm making 'significant' staff cutsRestricted Content

December 1, 2008
Young & Laramore is making what it says are "significant" staff cuts in the wake of losing the Steak n Shake account.
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Siegel's NASCAR future in doubt after mergerRestricted Content

November 24, 2008
Anthony Schoettle
Chip Ganassi's NASCAR team is teaming with Dale Earnhardt Inc. where Max Siegel has served as president of global operations since early 2007, and the former Baker & Daniels attorney may be among many laid off in the merger.
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ChaCha trims employees, modifies biz planRestricted Content

November 17, 2008
Peter Schnitzler
Search engine ChaCha lays off employees, cuts perks, begins limiting its free answers to clients
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Emmis struggling to stay in good stead with lendersRestricted Content

November 17, 2008
Greg Andrews
Emmis Communications Corp. struggles to contain expenses and minimize debts due to radio advertising shortfalls.
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Powerway lays off 14 after losing software deal with ChryslerRestricted Content

June 16, 2008
Cory Schouten
Locally 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.
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Displaced older workers abandon hopes of landing similar workRestricted Content

September 3, 2007
Ed Callahan
A 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.
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Auto-job slide acceleratingRestricted Content

March 19, 2007
Peter Schnitzler
Indiana'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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  1. John, unfortunately CTRWD wants to put the tank(s) right next to a nature preserve and at the southern entrance to Carmel off of Keystone. Not exactly the kind of message you want to send to residents and visitors (come see our tanks as you enter our city and we build stuff in nature preserves...

  2. 85 feet for an ambitious project? I could shoot ej*culate farther than that.

  3. I tried, can't take it anymore. Untill Katz is replaced I can't listen anymore.

  4. Perhaps, but they've had a very active program to reduce rainwater/sump pump inflows for a number of years. But you are correct that controlling these peak flows will require spending more money - surge tanks, lines or removing storm water inflow at the source.

  5. All sewage goes to the Carmel treatment plant on the White River at 96th St. Rainfall should not affect sewage flows, but somehow it does - and the increased rate is more than the plant can handle a few times each year. One big source is typically homeowners who have their sump pumps connect into the sanitary sewer line rather than to the storm sewer line or yard. So we (Carmel and Clay Twp) need someway to hold the excess flow for a few days until the plant can process this material. Carmel wants the surge tank located at the treatment plant but than means an expensive underground line has to be installed through residential areas while CTRWD wants the surge tank located further 'upstream' from the treatment plant which costs less. Either solution works from an environmental control perspective. The less expensive solution means some people would likely have an unsightly tank near them. Carmel wants the more expensive solution - surprise!

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