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Investors Now Press Trump on The MMTLP Scandal: What’s Next?
Certain Banks and Credit Unions Can Now Freeze Accounts Under New Law
Margin Call Forces Citadel Rival Into $15 Billion Loss
Home Sales Fall To A New Record Low
More US Consumers Are Beginning to Cut Retail Spending
Beloved Grocery Store Ice Cream Company Now Files Unexpected Bankruptcy
Fed Report: Auto Loan and Mortgage Delinquencies Soar Amongst Americans
Another Grocery Store Chain Now Joins Major Trader Joe’s Recall
Home/Banking News/Massive Layoffs in Indiana Will Now Affect Thousands of People

Massive Layoffs in Indiana Will Now Affect Thousands of People

By Frank Nez
September 16, 2023
1
Market News Today - Massive Layoffs in Indiana Will Now Affect Thousands of People.
Market News Today – Massive Layoffs in Indiana Will Now Affect Thousands of People.

Massive layoffs in Indiana will now affect thousands of people according to the latest data from the Indiana Department of Workforce Development.

Nearly 4,000 job cuts in Indiana are scheduled to take place this year with the majority coming from LSC Communications, Alan Ritchey, Kuehne & Nagel, Pitney Bowes Inc., FedEx, and many more.

Layoffs in California and layoffs in Illinois both surpassed layoffs in Florida significantly for the month of August.

These three states had the most layoffs in Yellow Corp., an American transportation holding company headquartered in Nashville, Tennessee. 

Upcoming layoffs in Michigan have also put the state right up there in terms of highest job cuts.

Job cut notifications indicate that more than 4,400 jobs will be lost this year.

“Layoffs have hit the United States this year, and Indiana has been impacted by this, with a wide range of businesses announcing layoffs.

Under the Worker Adjustment and Retraining Notification Act, an employer with more than 100 full-time workers must provide a 60-day notice before laying off 50 or more people at a single site,” reports Ash Jurberg.

Below are the businesses that have filed a WARN act in 2023 with the Indiana Department of Workforce Development advising of upcoming layoffs.

Upcoming Indiana Layoffs 2023

Market News Today - Massive Layoffs in Indiana Will Now Affect Thousands of People.
Market News Today – Massive Layoffs in Indiana Will Now Affect Thousands of People.

Below is a list of upcoming layoffs to hit Indiana in 2023 according to the latest WARN report.

  • 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. Statewide job cuts undisclosed.
  • 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

Latest Bank News Today

Bank News Today - Franknez.com.
Bank News Today – Franknez.com.

A US bank is now denying customers access to money according to several reports from users.

Green Dot Bank is now facing fraud allegations from various customers who have been locked out of their account from weeks to months.

Many customers are having difficulty receiving a direct response from the bank’s customer service department, with many claiming to have been given the runaround.

“It been a month and i still haven’t been able to get my money from Walmart green dot. I have ask for a replacement card 4 time haven’t got a card yet my rent is do for last month and this month i think there trying keep my money,” says Marzell Land.

Green Dot bank has been freezing multiple customer accounts resulting in missed bills or the usage of high interest credit cards to get by.

“From Az have not gotten my money since Wednesday I have a family and bills I have to pay. I know when they fixed this problem I’m getting my money and I’m gone like the wind, this is not right .🌋🌋🌋🤬🤬🤬. Just got done going through pandemic now this,” says Bobby Rivera.

What is being done about it? Nothing so far, though many of these reports have been submitted to the Better Business Bureau (BBB).

“My funds are gone. I believe now the bank [Green Dot Bank] is holding it hostage. It’s my SS money and I can’t get it back, they keep extending the date.

I’ll get my new card with my money on it this has been going on since the August 1 and I was in the hospital when I was hacked..I want my money it’s mine not yours green dot,” says Sandra Machuga, who’s reported to FrankNez before.

Also Read: The US Treasury Direct is Now Freezing Customer Accounts

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Market News Today - Massive Layoffs in Indiana Will Now Affect Thousands of People.
Market News Today – Massive Layoffs in Indiana Will Now Affect Thousands of People.

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Frank Nez

Frank Nez is an American entrepreneur, journalist, writer, and investor. Frank's work has been cited by SEC and Congressional reports. Franknez.com is a personal finance and market news publication, dedicated to publishing content on money, investing, entrepreneurship, and retail investor news.

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    September 16, 2023 at 3:44 pm

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