Global firm to cut 320 jobs in Bloomington
The Bloomington layoffs from a television repair subsidiary would be ModusLink’s second major reduction in operations in Indiana in six months.
The Bloomington layoffs from a television repair subsidiary would be ModusLink’s second major reduction in operations in Indiana in six months.
Personal income rose 0.3 percent in December, aided by the steady wave of hiring over the past year. But rather than spend those gains, consumers saved more of their disposable income.
An uptick in the employment cost index during 2014 could be a sign strong job gains are forcing companies to pay a bit more for workers.
Ardaugh Group plans to retain its 400 workers at the Winchester plant as it invests in a major upgrade.
Promoted less than a year ago, Karen Hensel has joined the exodus of news personnel from WISH after CBS decided to switch its local affiliation.
More Americans sought unemployment benefits last week, but the number of applications continues to be at historically low levels that suggest solid economic growth will continue.
The number of people seeking jobless benefits has been at historically low levels for 14 of the past 15 weeks. That indicates companies are retaining workers and expecting economic growth to continue.
In December, Indiana saw its biggest monthly increase in private sector jobs in 15 years, as the national economy boosted hiring across the country.
Central Indiana employers with open tech positions are having a tough time getting their interns to accept job offers. A new study questions whether the pay is adequate.
Indiana added 5,500 private-sector jobs in October with modest bumps in manufacturing and the trade, transportation and utilities sector.
Indianapolis-based employees have been offered voluntary severance packages as the global engine maker follows through on plans to eliminate about 2,600 positions company-wide.
The global firm is planning 2,600 job cuts over 18 months, primarily in its aerospace division. Its Indianapolis operations, which employ about 4,500 people, are devoted mostly to civil and defense aerospace work.
The unemployment rate fell to 6.1 percent from 6.2 percent in August, although U.S. employers added fewer jobs than expected.
California-based Carrington Mortgage Services said Thursday it plans to spend $3.2 million to open an office in Westfield. In addition to the new hires, about 180 employees in Fishers would move to the Westfield location.
Just three months before the parent company of AIT Laboratories was sold in 2009 to its employees for $90 million, it was appraised for $17.1 million, according to a U.S. Department of Labor lawsuit.
The new part-time and full-time jobs will pay in a range of $12 to $18 per hour, according to Boston-based Interactions Corp.
Evansville-based Vectren Corp. says 120 southwestern Indiana coal miners will lose their jobs by month's end as the natural-gas utility completes the sale of its coal-mining subsidiary.
The consumer-review firm told federal regulators Friday that the move was “part of a focus on improving salesforce performance and productivity.”
An affiliate of Lutheran Health Network in northeast Indiana that concentrates on health-related businesses services expects to nearly triple its workforce.
The state added 17,400 jobs to employer rolls in June, including a 7,400-worker boost in the government sectors. But a bump in residents returning to the labor force increased the unemployment rate.