Technicolor Details Indy Layoffs

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INDIANAPOLIS -

California-based Technicolor Inc. says it will close its office on the north side of Indianapolis by the end of the year. In a notice to the state, the company says the closure will leave 95 employees out of work.

Technicolor says the layoffs will occur over two weeks beginning December 17. The company did not provide a reason for the closure in the notice and has not responded to a request for comment.

The company adds the layoffs are expected to be permanent.

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