First Data moves may cut some jobs, shift others to Omaha

Print
Font Size:
Default font size
Larger font size

Posted: Saturday, November 23, 2013 12:00 am

Some employees at First Data Corp. may lose their jobs in actions taken Friday by the company to increase operating efficiency.

“Some management level employees from across the company will be impacted through additional development, reassignment, and, in some cases, they may lose their jobs,” said Nancy Etheredge, a company spokeswoman.

She did not say how many of the job losses would occur at the company's Omaha office, which employs about 5,000.

Etheredge said First Data expects less than 10 percent of U.S. managers and above to be affected. Financial and outplacement assistance will be available.

“These decisions are never easy to make, and we understand the impact on people's lives,” Etheredge said. “However, business needs sometimes require difficult decisions.”

The Atlanta-based company, which processes credit and debit-card payments, confirmed it would cut about half of its workforce in Denver.

The restructuring Friday is coupled with the goal that many of the tasks performed in Denver will be relocated to Omaha, Etheredge said.

“In this action, the jobs are not eliminated and many will be filled,” Etheredge said. “When all is said and done, it should mean more jobs in Omaha.”

Copyright ©2014 Omaha World-Herald. All rights reserved. This material may not be published, broadcast, rewritten, displayed or redistributed for any purpose without permission from the Omaha World-Herald. To purchase rights to republish this article, please contact The World-Herald Store.


SPOTLIGHT »

Inside Business
To submit an announcement for "Inside Business", click here. For questions call (402) 444-1371 or e-mail announcements@owh.com.

World-Herald Alerts

Want to get World-Herald stories sent directly to your home or work computer? Sign up for Omaha.com's News Alerts and you will receive e-mails with the day's top stories.