The Minneapolis-based company, which owns Capella University, will inform the affected employees during the next two days.
Workforce + Talent
The clothing retailer, which reported a net loss in four of the last five quarters, plans to close 100 stores, make significant cuts to its work force, and restructure some of its existing operations by consolidating multiple brands into dual-format stores.
The company, which in April announced plans to hire 450 workers at its new Minnetonka facility, now intends to add 150 jobs in St. Paul.
With the closure of the regional airline's Eagan office, about 200 of the company's 800 jobs in the state will reportedly be cut, and it's unclear how many workers will be offered other jobs at the company's Memphis, Tennessee office.
Minnesota's manufacturers are having a difficult time finding qualified workers to fill open positions; meanwhile, there has been an uptick in demand for IT workers in Minnesota and across the country, according to several recent reports.
A new report estimates that the state's employees suffered 76,700 nonfatal workplace injuries and illnesses last year, representing about 3.9 injuries per 100 full-time workers.
The state shed about 7,400 jobs in September, but Minnesota employers have added 27,700 jobs in the past year, and the unemployment rate dropped 0.3 percent.
The Minneapolis Convention Center is reportedly cutting about half of its supervisors and transitioning about two dozen other workers from full-time status to having no guaranteed minimum of hours.
A new report from the Minneapolis Foundation shows dramatic differences between Minneapolis residents of differing races and ethnicities-disparities that begin at an early age and affect education, jobs, housing, and other aspects of life.
The jobless rate for African Americans in the Twin Cities is reportedly 24 percent compared to just 6 percent for Caucasians, giving the region the widest racial disparity among the unemployed in urban areas throughout the country.
Minnesota's official unemployment rate remained unchanged at 7.2 percent in August-in part because a "smoothing out" of data understated the effect of 22,000 laid-off state workers who returned to the job following the state government shutdown. A state official told Twin Cities Business that the "unsmoothed" rate is 7 percent.
Great Clips, Tastefully Simple, and Shield Services were included on the SBA 100 list, which features businesses from across the country that created at least 100 jobs after receiving support from the Small Business Administration.
A recently released report indicates that the hiring outlook for Twin Cities employers may be dimming; meanwhile, the University of Minnesota's College of Science and Engineering is reportedly hosting the largest career fair in its history on Tuesday.
Federal authorities have given permission for engineering work to begin on the downtown Minneapolis-to-Eden Prairie light-rail line and approved a route for the proposed Twin Cities-to-Duluth passenger train.
The retailer reported a 4.1 percent increase in August sales, and plans to hire "thousands" in Canada in the years ahead.
Wells Fargo is accepting applications for a variety of mortgage-related positions at its Twin Cities offices.
Eric Kaler now leads a school with a $3.7 billion annual budget, 67,000 students, 4,000-plus faculty members, and 15,000 other employees-and he plans to embark on efforts to make the U of M more entrepreneurial. The September cover story in Twin Cities Business asks what makes him the right man for the job.
The electronics retailer reportedly plans to hire herds of information technology specialists over the next year-continuing the company's focus on digital strategies.