Citigroup's Sioux Falls operations are laying off a number of people. Hard hit were "trainers" in areas where the lending business is tapering back and new trainees are not being added.
Some folks I know said that meetings between management and employees were tense. One of the most emphatic questions was, "How can you take tax-payer bail out money, and then lay off a bunch of tax-payers?"
Meanwhile, 3M is laying off 1,800 people in various locations - but the Brookings, SD plant (mainly makes medical supplies) will probably add a few jobs as the company restructures.