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An Evansville company that develops online platforms or organizes and operates virtual events plans to close later this year.
Meetings & Events International (MEI) said in a notice to the state government that the move would result in 69 employees being made redundant.
The company cited “recent unforeseen and unexpected business conditions” as the reason for the decision, but did not provide specific details.
MEI said the first round of layoffs will begin on March 31, with subsequent rounds on April 30 and June 30. The company, which has an office at 1314 Birch Road in Evansville, will permanently close after all layoffs are completed.
Affected workers have no union representation and no right to strike. Indiana Business Insider requested more information but received no response.
MEI has offices at 1348 West Concord Place, Chicago. The company sent a warning notice to the Illinois Department of Commerce and Economic Opportunity, saying 32 employees at the office will also be laid off.
Meetings & Events International offers a variety of meeting planning and logistics services, as well as live production services for streaming, according to its website.
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