ModusLink Plans to Cut Hundreds in Bloomington

ModusLink PTS Inc. has announced plans to close a Bloomington operation. In a notice to the state, the company says the decision includes the elimination of 320 jobs. ModusLink PTS is part of Massachusetts-based ModusLink Global Solutions, Inc. (Nasdaq: MLNK).

It attributes the move to a loss of a “major customer.” ModusLink expects layoffs to begin at the end of April and take place over the following month.

You can view the company's letter to the Indiana Department of Workforce Development by clicking here.

Source: The Indiana Department of Workforce Development