Tech Company Mulls Carmel Facility Future

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CARMEL -

California-based Prysm Inc. says it is "actively engaged" in discussions with potential investors as it considers the future of its Carmel office. The tech company has issued a precautionary filing with the state about the potential workforce reduction if it decides to close the operation.

A Prysm spokesperson provided the following statement to Inside INdiana Business about the notice filed with the state:

This was a precautionary filing only and has been discussed with Prysm employees. Prysm is actively engaged in discussions with potential investors and partners to secure additional funding and no closures or personnel changes are planned at this time. 

If a closure were to occur, more than 60 employees could be laid off by January 21.

The company says if the facility does close, the move is expected to be permanent. The employees who would be affected by the closure do not have any bumping rights and are not represented by a union.

The company did not state a specific reason for the potential closure. Prysm provides digital workplace software for clients such as Under Armour, GE and Sprint.

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