Updated:
Original:

MoneyGram shutters Brooklyn Center operation, cuts jobs

Author:

MoneyGram plans to consolidate its Twin Cities operation to one location in St. Louis Park and will close its Brooklyn Center operation next year. The move will result in the layoff of 28 workers with additional layoffs likely to follow.

The Star Tribune reports that although the Brooklyn Center facility at 6701 Parkway Circle isn't set to close until its lease expires at the end of 2015, 28 employees will be lose their jobs on June 30 as part of the consolidation process. Currently 376 people are employed there.

The Business Journal reports that a MoneyGram spokeswoman indicated that more job cuts will result from the Brooklyn Center closing.

"We can't say specific numbers at this point," MoneyGram spokeswoman Michelle Buckalew told the Business Journal in an e-mail.

MoneyGram sent a required letter to the Minnesota Department of Employment and Economic Development that detailed the job cuts.

"All positions and jobs at the Brooklyn Center facility will be eliminated or relocated on or before the closure date," the letter reads. "The restructuring and reorganizing activities that resulted in the closing of the Brooklyn Center location were difficult business decisions. Unfortunately, economics makes it no longer cost effective to keep these positions at this location."

The money transfer company will consolidate its operation at its St. Louis Park location as part of its global restructuring strategy. MoneyGram moved its headquarters from St. Louis Park to Dallas three years ago. Before that, the company had 900 Minnesota employees; it now has 670.

Next Up

Screen Shot 2021-09-23 at 10.49.10 AM

Minneapolis rock band raising money to replace trailer of stolen equipment

A GoFundMe has reached around $2,200 of its $18,500 goal as of Thursday morning.

Eagan indecent exposure police release sept 23 2021

Police looking for man suspected of exposing himself at Twin Cities park

The department is asking for the public's help identifying the individual.

denfeld high school - duluth

Police investigating after 2 altercations at Duluth high school

The first altercation among several students led to a lockdown Wednesday afternoon.

Jalen Suggs

Jalen Suggs says Gophers could've had him if they recruited him harder

Suggs was a dominant high school athlete at Minnehaha Academy.

Screen Shot 2021-09-23 at 8.05.45 AM

Family of man killed in Maplewood fundraising reward money to find suspect

The GoFundMe was initially set up to pay for funeral expenses for Devinn Madley.

ambulance

21-year-old dies in single-vehicle rollover crash in Becker County

The crash happened around 11:20 p.m. Wednesday, Sept. 22.

u.s. attorney

4 people charged in fentanyl distribution conspiracy

The charges stem from a traffic stop where officers found 10 pounds of fentanyl and 10,000 pills.

Gersson Rosas

Reports: Alleged affair, staff discontent behind Rosas' Wolves firing

The first to go public with the extra-marital affair report was a Reddit user.

Joe Ryan

Joe Ryan continues his dominant September

The right-hander struck out 11 batters in a victory over the Cubs.

Mounds view 9 - crime scene

Man who allegedly shot at police dies after being struck by squad vehicle

The unidentified individual fired shots at police following an alleged domestic disturbance, police say.

Karl-Anthony Towns

Karl-Anthony Towns reacts to Gersson Rosas firing: 'WTF'

The Timberwolves star was just as surprised as everyone else

Related