Wayne Heilman

Business Reporter

More Articles by: Wayne Heilman

Colorado Springs unemployment rate falls to 5.2 percent in June


The Colorado Springs job market seemed to get a little better in June with the unemployment rate edging lower, but all of the improvement came with a high price.

More than 3,000 people left the labor force,...

Lockheed reduces layoff projections for Colorado Springs workers

By: Wayne Heilman

Lockheed Martin Corp. said Tuesday it sent out just 115 layoff notices to employees in Colorado Springs due to "a change in business projections."

The defense giant had initially planned to tell 270 local...

Firstsource adding 200 employees to Colorado Springs call center

By: Wayne Heilman

Firstsource Solutions Ltd. announced plans Tuesday to add 200 workers at its northern Colorado Springs call center by the end of September after adding a second major health insurer as a client.


Progressive hiring 193 by year's end at Colorado Springs call center

By: Wayne Heilman

Insurance giant Progressive Corp. announced Monday plans to hire 193 sales representatives and claims adjusters for its Colorado Springs call center by the end of the year.

The company, which employs 1,200...

Lockheed Martin to layoff 270 in Colorado Springs after losing key contract

By: Wayne Heilman

Lockheed Martin Corp. has informed 270 employees in Colorado Springs they will lose their jobs in September, when a key contract ends and moves to Raytheon Co., unless the Government Accountability Office upholds...

Colorado Springs hotels report strong numbers for June

By: Wayne Heilman

Low gasoline prices and a flurry of advertising designed to attract visitors to Colorado have combined to produce the Pikes Peak region's best tourism season since the recession - and filling local hotels in the...

Colorado Springs-based bank hires new president to help it grow

By: Wayne Heilman

The once-troubled Rocky Mountain Bank & Trust, which has spent the last six years cleaning up loan and securities portfolio problems, has a new president whose goal is to help the bank move forward and add...

Colorado Springs company building $2 million cyber security operations center

By: Wayne Heilman

Root9B, a Colorado Springs cyber security provider, plans to open a $2 million operations center next month in a downtown office tower to offer government and commercial clients remote computer network defense,...