LexisNexis cuts 500 jobs, report says

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Law Technology News has reported LexisNexis has slashed about 500 workers across four offices, including Dayton.

The Dayton-area operations of LexisNexis have apparently been hit with some layoffs, but it is unclear how many local jobs were actually lost.

Law Technology News has reported the professional information company ? part of Reed Elsevier ? has slashed about 500 workers across four offices, including Dayton. Click here to read more.

The company declined to provide details about how many jobs were cut in Dayton, but released the following statement:

?LexisNexis continuously reviews its needs, operations and other factors to identify what resources and services are necessary to optimally support our customers and improve business operations. As a result of this ongoing process, we regularly build teams in certain areas of the business and reduce in others to be able to deliver next-generation solutions to customers. On balance, the total number of employees across the LexisNexis business remains consistent with prior years.?

It continued, ?Our company has a long history of operations and innovation in Ohio. The Dayton, Ohio (Miamisburg) site continues to be the largest Reed Elsevier and LexisNexis site globally. We remain committed to our flagship facility in Dayton and LexisNexis is making tremendous investments in our business and technology in Dayton with our New Lexis initiatives, which include the Lexis Advance product among others.?

LexisNexis has two divisions: Legal & Professional, which employs thousands in the Dayton region; and LexisNexis Risk Solutions, which is headquartered in Georgia. The company recently reported having 3,600 employees locally, making it the sixth largest employer in the Dayton region, according to Dayton Business Journal research.

A year ago, the company reported having 3,400 local employees.

E-mail jcogliano@bizjournals.com. Call (937) 528-4424. Twitter.com/joecogDBJ

Source: http://feeds.bizjournals.com/~r/vertical_47/~3/GpkDtnRYL04/lexisnexis-cuts-500-jobs-report-says.html

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