Financing

Capital One

Hundreds of people are losing their jobs as a Sioux Falls financial call center closes. A spokesperson for Capital One says the company is shifting strategies and moving work from Sioux Falls to other places. It’s supposed to happen by the end of the year. A layoff of 750 workers is significant, but the situation offers those employees some opportunities.

Thursday Capital One leaders alerted workers that their business in Sioux Falls is shutting down. Employees are not out of a job right away. They can work for a few months before Capital One’s operations end.