Layoffs

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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