WTHR lays off 20-year vet, plus chopper pilot
Channel 13 eliminates two positions to trim costs, and hopes for a revenue increase in the second half of the year.
Layoffs
Articles
Star newsroom braces for pay cuts, possible layoffs
he next two weeks could be critical in determining the level and quality of staffing in the newsroom of The Indianapolis Star, the state’s largest daily newspaper. The paper’s union—which represents about 160 news staffers—and management have been at an impasse since employees’ union contract expired Dec. 31.
HICKS: Certain unemployment causes worse than others
Unemployment often is a necessary and natural part of a healthy economy. But job losses that come when workers or even entire
industries become redundant are especially painful.
Churches look for ways to pay off construction projects planned before recession took toll on collection plates
In Indianapolis and around the country, congregations that expanded before the recession are now taking drastic measures,
including budget cuts that have resulted in layoffs, salary reductions and giving less to charities.
Critics: Tax hike ‘defies logic’
Critics say the Legislature’s plan to shore up the insolvent Indiana Unemployment Insurance Trust Fund places the bulk of the financial
burden on already ailing businesses with the least ability to pay.
Lauth, a once-booming developer, has sliced 90 percent of work force, lost control of some properties
Struggling developer Lauth Group Inc. has cut about 90 percent of its staff and lost control of part of its portfolio to a
major equity partner-developments that raise doubts about whether the locally based company can survive the recession.
Simon layoffs would jeopardize HQ incentive deal
During one of the worst markets for real estate in decades, at a time when developers of all sizes are shedding employees, officials with Simon Property Group Inc. continue to insist they have had zero layoffs.
Prolonged woes reshape Connersville, city once known as ‘Little Detroit’
With economists predicting the statewide unemployment average will reach 10 percent this year, the experience of a hard-hit
city like Connersville offers a glimpse of what lies ahead for other manufacturing-reliant Hoosier communities.
50-year employee leaves IMS
Bill York, who has worked in the Indianapolis Motor Speedway press room since 1958, is no longer with the Brickyard.
Indianapolis weathering recession better than rest of state, U.S.
Compared to most of the rest of the state and nation, Indianapolis is an occupational dynamo.
Horse trading key to solving unemployment deficit
In the past, lawmakers ignored the need to fix financing for the Unemployment Insurance Trust Fund, and now they must come
up with solutions that will be difficult for both Democrats and Republicans to accept.
Cultural institutions fear bear-market toll
The scenario for area art institutions could darken considerably in 2010, 2011 and 2012, as cultural institutions fully account for devastating investment losses in their endowments â?? a key source of income.
For unemployed, searching for job is full-time endeavor
As job losses accelerate in the worst recession in a generation, it’s becoming tougher and tougher for even well-educated,
experienced professionals to find work �¢?? or at least to find a job in the area and at the pay they want.
Stern’s definition of ‘golden age’ is laughable
Of this, that and the other while wondering if NBA Commissioner David Stern had just taken a hit off Michael Phelps’ bong
when he proclaimed this to be "the golden age of basketball" during his all-star weekend news conference in Phoenix.
Orchestra lays off eight as donations, ticket sales drop
The Indianapolis Symphony Orchestra will look to volunteers to help cover the work done by eight people who were laid off last week in a move to trim $600,000, or 2 percent, from the $29.5 million annual budget.
Unemployment data paints worrisome picture
The most recent data on the U.S. economy continues to be worrying, but a little context remains helpful.
In hard times, is big-time sports willing to budge?
Even as the economy spirals downward, no one gives a thought to bringing some kind of fiscal sanity to the overall enterprise of sports.
State needs more unemployment analysis, stats
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?
Latest jobs numbers may change state’s priorities
Jobs themselves may become “Job One” for our elected officials.