The supply chain optimization company said the closure is due to “declining sales, current and projected business needs, and business priorities.”
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Like other firms, Morgan Stanley aggressively hired during the pandemic, going from 60,000 employees in 2019 to 82,000 employees by year end 2022. The company had 83,000 employees at the end of 2025.
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Companies have tied workforce changes to AI, but it can be hard to know if AI is the real reason behind the layoffs or if it’s the message a company wants to tell Wall Street.
Angi, which previously operated as Angie’s List, is based in Denver and has significant operations in Indianapolis and New York City. The company did not specify how many jobs would be cut in specific locations.
An Elanco spokeswoman said cuts to the company’s Indiana workforce are “very minimal.” Most of the eliminated positions are from the company’s planned closure of its German R&D facility.
The Lancaster, Texas-based company, which makes heat-and-serve meals for grocers, was involved in a major recall of its products this year due to a deadly outbreak of listeria infections.
The cuts announced Tuesday suggests Amazon is still trying to get the size of its workforce right, and it may not be over.
The reorganization is the latest in a string of changes that started this year when Meta created a new team dedicated to creating superintelligence, a term for machines hoped to one day outperform humans.
Workers at Nestlé’s Anderson, Indiana, plant make and distribute Coffee mate’s traditional creamers, as well as the Natural Bliss line.
The company said it also plans to redesign more than 1,000 locations in the next 12 months to give them a warmer, more welcoming feel.
In May, the company also laid off about 6,000 workers, its largest job cuts in more than two years, as the company spent heavily on artificial intelligence.
In a letter sent to employees Friday morning, Ivy Tech President Sue Ellspermann said state budget cuts will cost the community college more than $54 million over two years.
The decision leaves in limbo a bureau created after the Great Recession to safeguard against fraud, abuse and deceptive practices.
The Trump administration’s recent announcement that it plans to eliminate about 3,500 FDA jobs is creating uncertainty among Indianapolis-area companies that interact with the federal agency.
A spokesperson for the company said the layoffs will impact workers at three Indiana facilities.
A spokesperson said the move is a strategic adjustment to the company’s business structure as part of ongoing efforts to optimize operations.
The layoffs are part of a larger campaign by the Trump Administration to shrink the federal workforce.
E.W. Scripps, parent company of WRTV-TV Channel 6, is reportedly trimming positions at several of its 62 TV stations.
The data was collected the second week of February, when Elon Musk’s Department of Government Efficiency was beginning to cut agency workforces and federal contracts and grants were frozen or cut.
The collection agency, which had more than 90 employees, was ordered in 2023 to pay a $1.68M penalty for violations of federal debt-collection and credit-reporting laws.
Some analysts say they expect layoffs ordered by the Department of Government Efficiency to show up in the report in the coming weeks.
The Dallas-based airline said Monday that the the first major layoffs in its 53-year history would be focused almost entirely on “corporate overhead and leadership positions.”
