A New Wave of Massive Layoffs Now Hits Indiana

A new wave of massive layoffs is now hitting Indiana according to the latest WARN report.

The WARN (Worker Adjustment and Retraining Notification) notice is a notice required by the federal WARN Act in the United States, which mandates that employers with 100 or more employees provide at least 60 days advance written notice of a plant closing or mass layoff affecting 50 or more employees.

The notice is intended to provide affected employees with sufficient time to prepare for the loss of their jobs and to seek alternative employment.

So far, there has been 154,469 employees laid of in Indiana this year with 1,001 new WARN notices, indicating of upcoming layoffs in Indiana throughout the year.

“Disappointing news for the trucking industry in the Midwest with Transport Acquisitions LLC, along with three other affiliates, filing for Chapter 11 bankruptcy in the US Bankruptcy Court for the Southern District of Indiana.

Transport Acquisitions owns Elmer Buchta Trucking, the largest bulk hauler in Indiana. Elmer Buchta has 200 trucks and has operated in Indiana for over 80 years.

According to the bankruptcy filing, the business has between $1 million and $10 million in assets and $10 million to $50 million in liabilities. A liquidation of the business would result in all employees losing their jobs,” reports Ash Jurberg.

The public has raised concerns over recession worries despite government talks of a soft landing.

California is still the #1 state with the most layoffs in the country.

In second place is Colorado, with approximately 26,816 layoffs and 81 WARN notices, followed by Illinois, Washington, New York, Texas, New Jersey, Florida, and Michigan.

Below are the businesses that filed a WARN act with the Indiana Employment Development Department advising of upcoming layoffs.

Upcoming Indiana Layoffs in 2023

Market News Today - A New Wave of Massive Layoffs Now Hits Indiana.
Market News Today – A New Wave of Massive Layoffs Now Hits Indiana.

Below is a list of upcoming layoffs in Indiana for the year 2023.

  • Trialon Corporation. Kokomo. 110 jobs cut.
  • BorgWarner. Kokomo. 82 jobs cut.
  • TRIN. Ashley. 155 jobs cut.
  • Owens Corning. Wabash. 87 jobs cut.
  • WestRock. Columbus. 101 jobs cut.
  • Arrowhead Engineered Products. Jasper. 52 jobs cut.
  • Tyson Foods. Corydon. 368 jobs cut.
  • BWI Group. Greenfield. 9 jobs cut.
  • Alan Ritchey. Plainfield. 242 jobs cut.
  • Aurorium. Indianapolis. 159 jobs cut.
  • Yellow Corporation. Fort Wayne, Indianapolis, South Bend, and Evansville. 800 jobs cut.
  • MonoSol. Merrillville. 45 jobs cut.
  • Franciscan Alliance. Dyer, Crown Point, Munster, Lafayette, Beech Grove, Indianapolis. 61 jobs cut.
  • Cenveo Worldwide. Indianapolis. 127 jobs cut.
  • EverQuote. Evansville. 98 jobs cut.
  • FedEx Supply Chain. Indianapolis. 170 jobs cut.
  • Pitney Bowes Inc. Greenwood. 240 jobs cut.
  • LSC Communications. Warsaw. 525 jobs cut.
  • Proterial Cable America.New Albany. 109 jobs cut.
  • Graphic Packaging. Auburn. 70 jobs cut.
  • Enjoy Life Foods. Jeffersonville. 105 jobs cut.
  • Parkhurst Dining at Taylor University. Upland. 178
  • HighPoint Digital. Indianapolis. 65 jobs cut.
  • Walmart Supercenter. South Bend. 261 jobs cut.
  • RR Donnelley. Plainfield. 79 jobs cut.
  • Kuehne & Nagel. Whitestown. 294 jobs cut.
  • Catherine Kasper Life Center. Plymouth. 60 jobs cut.
  • Stealth Enterprises. Bristol. 53 jobs cut.
  • Children’s Factory. Angola. 26 jobs cut.
  • Railcrew Xpress. Lafayette, Avon, Terre Haute, Evansville, and Vincennes. 70 jobs cut.
  • Gannett Publishing Services. Indianapolis. 56 jobs cut.
  • Lincoln Industries. Boonville. 60 jobs cut.

Also Read: Banks Are Now Closing Thousands of Accounts Daily

Market News Published Daily πŸ“°

Market News Today - A New Wave of Massive Layoffs Now Hits Indiana.
Market News Today – A New Wave of Massive Layoffs Now Hits Indiana.

Don’t forget to opt-in for push notifications so you don’t miss a single article!

Also, thank you to all of our blog sponsors. This year we’ve been able to increase push notifications slots making it more convenient than ever for new readers to receive their daily market news and updates.

You can also follow me on TwitterInstagramFacebook, or LinkedIn for daily news and updates on your favorite stories.


Become a Sponsor for only $1/mo.

  • Gain access to EXCLUSIVE FrankNez articles you won’t find here.
  • Become part of a private and safe Discord community, just for retail investors.
  • Get drawn at the end of the year for holiday giveaways.


1 Comment

  1. Frank Nez

    Leave your thoughts below.

© 2023 Franknez.com

Theme by Anders NorenUp ↑