Prysm Inc. Possibly Closing Carmel, Indiana Facility And Laying Off 61

Prysm Inc. is a software firm based out of California. The company offers software designed to power boardrooms and experience centers. It also aims to redefine the workplace. GE, Sprint and Under Armour use Prysm’s digital workplace software. Prysm has run into trouble and could be shutting down its entire plant in Carmel, Indiana. On November 22, 2017, Prysm Inc. submitted a WARN notification with the Indiana Department of Workforce Development. According to that WARN notice, the company may soon shut down its plant in Carmel, Indiana and lay off 61 employees.

The operation is located at 11711 North College Avenue Suit 140. The WARN notification explains that the company is currently in discussions with potential investors, but investment commitments have not been secured. If the closure does happen, it will be permanent and it will lead to 61 workers being laid off by January 21, 2018. None of the workers at the facility are represented by a union. Therefore, they do not have bumping rights.

If Prysm is able to secure additional funding, the closure and layoffs will not take place. The full WARN notification can be accessed here.