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Indy has job cuts, hiring freeze

Associated Press

Friday, December 19, 2008

INDIANAPOLIS -- Add the Indianapolis Motor Speedway to the list of sports institutions hit by the recession. Speedway officials have completed their budget review and some positions have already been eliminated, though spokesman Fred Nation did not provide a figure. Speedway officials have also implemented a hiring freeze and acknowledge more jobs could be lost next year if the economy continues to fizzle. "As time moves forward, there could be more restructuring, depending on the economy," Na ...

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