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BUSINESS AGENDA

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    Fair Isaac, ValueVision announce job cuts

    By Dan Haugen | Published Thu, Jan 8 2009 2:01 pm

    A pair of major Twin Cities companies announced layoffs Wednesday totaling more than 300 positions.

    Credit-rating firm Fair isaac said it expects to eliminate 250 positions worldwide. The Star Tribune reports that about 30 cuts will come in Minnesota.

    Meanwhile, ValueVision, which operates the struggling ShopNBC channel, said it's slashing 60 jobs, as well as suspending 401(k) matches and freezing wages. The Star Tribune reports that most of the layoffs will come from its headquarters in Eden Prairie, but a call center in Brooklyn Center will also be affected.

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    minnpost.com/businessagenda

    Business Agenda reports on what's going on at businesses in Minnesota. Reported and written by MinnPost's Dan Haugen, Business Agenda provides brief, quick-reading items about important companies in Minnesota and the people who work at those firms. Business Agenda features new items every day Monday through Friday. 

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