RAPID CITY, S.D. (KEVN) About 450 people will be without a job come next year as one mortgage, lending, and servicing firm closes the doors to its call center in Rapid City.
According to a press release issued earlier this month, under its optimization initiative for 2018 --- the Ditech Holding Corporation planned to "rationalize site footprint." This included shutting down the Rapid City office before the end of 2019.
Mayor Steve Allender said there could be a silver lining after the results of the decision next year.
"The good news is those employees will be very marketable for the other businesses in Rapid City who need help, so there's going to be a lot of applications being filled, a lot of qualified applicants out there," Allender said.
This is due to a national chain making wide-ranging strategic decisions about their business so a Rapid City business didn't fail, a national business failed that happened to be located in Rapid City."
Allender said because Rapid City has a workforce shortage, this could be a unique opportunity to bring workers to other businesses and make the best out of a bad situation.