The Citigroup workforce cut of 11,000 jobs will have some affect here in KELOLAND, but not much.
Citibank South Dakota will be eliminating a couple dozen jobs. But KELOLAND news has learned that most of those jobs will be in the student loan division, which was sold to Discover Financial Services in 2010. The affected employees have already been informed their jobs were ending.
Citigroup is shrinking its workforce by four percent to be come more profitable.