Business

Goldman Sachs to close Cedar Rapids call center

The bank will move jobs there to Salt Lake City

FILE PHOTO - A view of the Goldman Sachs stall on the floor of the New York Stock Exchange in New York, U.S. on July 16, 2013. REUTERS/Brendan McDermid/File Photo
FILE PHOTO - A view of the Goldman Sachs stall on the floor of the New York Stock Exchange in New York, U.S. on July 16, 2013. REUTERS/Brendan McDermid/File Photo

CEDAR RAPIDS — Goldman Sachs will close a call center it has in Cedar Rapids and move those jobs to Salt Lake City.

The closure means 40 jobs will be cut as the New York-based investment bank builds up operations in Utah.

“Our second-largest location for Goldman Sachs is in Salt Lake. Outside of New York, it’s our largest location. For business, it makes better sense to have people in one place,” Goldman Sachs spokesman Andrew Williams said.

The last day for the Cedar Rapids employees will be April 13.

Goldman Sachs took over the Cedar Rapids call center, 1010 Thomas Edison Blvd., after it acquired the online deposit business from GE Capital Bank in 2016.

Cedar Rapids employees are eligible to apply to positions in Salt Lake City, Williams said, and four already have done so.

l Comments: (319) 398-8366; matthew.patane@thegazette.com

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