Waddell & Reed Laying Off 150 In Midst of HQ Relocation Plans

Overland Park-based Waddell & Reed is laying off about 150 people in its transactional-processing operations and will outsource those positions, the investment-management company’s officials said during its second-quarter earnings call.  The layoffs and move toward outsourcing are expected to be completed by the end of the year.  Asked during a second-quarter earnings call (transcript available … Continue reading Waddell & Reed Laying Off 150 In Midst of HQ Relocation Plans