Hundreds of Layoffs coming to a major employer in Sioux Falls?

I heard last night from a source that a major employer in town is going to let the hammer drop soon. My source says maybe this coming week. And this isn’t just a handful of people, I was told hundreds.

That is all I am privy to say at this point, because I don’t have ALL the details. But this person said it will probably be worse than the Capital One layoffs. I have a feeling they will try to hide this from the media, but I think it’s going to be difficult.

At this point it is a rumor. Let’s hope I am wrong.


#1 l3wis on 09.10.17 at 4:32 pm

I won’t publish any comments that have the speculation of the business.

I will only say this, it is a very large employer in SF.

#2 To determined be on 09.10.17 at 6:37 pm

There is one large nationwide employer with a pretty big footprint in town that is looking to cut billions of dollars in expenses this year. It’s hard to reduce that much in expenses without trimming people and technology.

I just hope it is just rumors.

#3 The D@ily Spin on 09.11.17 at 7:41 am

Banking and credit cards are under pressure from digital currency. There’s more call center export employment and new automated response. I’m assuming the layoffs are financial business related.

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