Editor's Pick Nelnet to cut more than 500 employees, most of them outside of Nebraska MATT OLBERDING Lincoln Journal Star Jan 19, 2023 Jan 19, 2023 Updated May 24, 2023 0 Facebook Twitter Bluesky WhatsApp SMS Email Print Copy article link Save Nelnet on Wednesday announced plans to shed more than 500 workers.kAm%96 {:?4@=?\32D65 7:?2?4:2= D6CG:46D 7:C> D2:5 :E H:== =2J @77 23@FE bd_ A6@A=6 :? :ED }6=?6E s:G6CD:7:65 $6CG:46D s:G:D:@?[ H9:=6 2?@E96C a`_ A6@A=6 :? E96 5:G:D:@? 2C6 36:?8 =6E 8@ 5F6 E@ A6C7@C>2?46 C62D@?D]k^AmkAm}6=?6E DA@<6D>2? q6? z:D6C D2:5 >@DE @7 E96 27764E65 6>A=@J66D 2C6 7C@> =@42E:@?D @FED:56 }63C2D<2]k^Am A timeline of the development of the Telegraph District kAm%96 bd_ A6@A=6 36:?8 =2:5 @77 H6C6 9:C65 :? E96 A2DE D:I >@?E9D 2D }6=?6E 2?E:4:A2E65 2? :?4C62D6 :? DEF56?E =@2? 3@CC@H6C 24E:G:EJ 5F6 E@ E96 q:56? 25>:?:DEC2E:@?VD AC@A@D65 =@2? 7@C8:G6?6DD AC@8C2> 2D H6== 2D E96 6IA64E65 C6DF>AE:@? @7 DEF56?E =@2? A2J>6?ED[ H9:49 92G6 366? DFDA6?565 D:?46 E96 DE2CE @7 E96 A2?56>:4]k^Am People are also reading… Lexington girls tennis wins North Platte doubles invite Dancing with the Stars Cozad's Chayden Hoffmaster breaks his own long jump school record at UNK 2 Cozad youth wrestlers bring home NEUSAW state champion titles Missoula Children's Theater brings 'Hansel and Gretel' to Lexington Lexington hosts unified track meet Gothenburg family forever grateful that firefighters saved their home 3 Hi-Line track athletes break school records at Lexington JV Invite Farmers and ranchers in the east come together to help the west after devastating fires Minutemen jump out to 2-0 start after defeating Pius X Friday North Platte High students sent home after police report 'active bomb threat' BOYS SOCCER: Minutemen fall short against Gretna Maids lose to Omaha Gross, Scotus Catholic Local schools compete at Lexington JV Invite Minutemaid soccer opens season with 10-0 win over Auburn kAmw@H6G6C[ E96 563E 7@C8:G6?6DD AC@8C2> :D 36:?8 492==6?865 :? 4@FCE 2?5 E96 s6A2CE>6?E @7 t5F42E:@? 92D 6IE6?565 E96 >@C2E@C:F> @? =@2? C6A2J>6?E 7@C D6G6C2= >@C6 >@?E9D] q642FD6 @7 E92E[ Q:E :D?VE 762D:3=6 E@ >2:?E2:? :?4C62D65 DE277:?8 =6G6=D 7@C H@C< E92E H:== C6>2:? @? 9@=5 7@C 2 D:8?:7:42?E 2>@F?E @7 E:>6[Q z:D6C D2:5]k^AmkAm%96 6>A=@J66D 36:?8 =6E 8@ 7@C ?@?\A6C7@C>2?46 C62D@?D H6C6 8:G6? e_ 52JDV ?@E:46[ 96 D2:5[ 2?5 H@F=5 36 H6=4@>65 324< :7 @E96C A@D:E:@?D @A6?]k^AmkAmQ(6 H:== 4@?E:?F6 E@ 24E:G6=J D62C49 7@C @AA@CEF?:E:6D H:E9:? E96 @C82?:K2E:@? E@ C656A=@J 6=:8:3=6 2DD@4:2E6D[ 2?5 H6 9@A6 >2?J H:== 4@?D:56C C62AA=J:?8 E@ ;@:? @FC E62> H96? C6A2J>6?E 5@6D C6DF>6[Q z:D6C D2:5]k^Am kAmw6 5:5 ?@E 4@>>6?E @? E96 a`_ 6>A=@J66D =6E 8@ 7@C A6C7@C>2?46 C62D@?D @C 9@H E96J H6C6 49@D6?]k^AmkAm%9:D :D E96 D64@?5 E:>6 :? E96 A2DE J62C }6=?6E 92D C65F465 :ED DE277 3642FD6 @7 E96 DEF56?E =@2? C6A2J>6?E >@C2E@C:F>]k^AmkAm%96 4@>A2?J 2??@F?465 :? |2J E92E :E H2D =2J:?8 @77 `d_ A6@A=6[ 4:E:?8 =@H 42== G@=F>6 2?5 =:>:E65 H@C< 2G2:=23=6 7@C 6>A=@J66D @? :ED =@2?\D6CG:4:?8 E62>D]k^Am Reach the writer at 402-473-2647 or molberding@journalstar.com.On Twitter @LincolnBizBuzz. 0 Comments Locations Lincoln The business news you need Get the latest local business news delivered FREE to your inbox weekly. Sign up! * I understand and agree that registration on or use of this site constitutes agreement to its user agreement and privacy policy. Related to this story Nelnet CEO says student loan debt 'too big' Officials from the Lincoln company also said they expect President Joe Biden to issue an executive order soon forgiving up to $10,000 of stude… Unemployment rate continues to rise in Nebraska and Lincoln The state's unemployment rate last month was 2.6%, while Lincoln's was 2.1% which are both up from last year. UNL economic indicator declines, suggesting slow growth for Nebraska Nebraska’s Leading Economic Indicator fell 0.03% last month, which signals slowing growth in the first half of 2023. Lincoln-based company announces another 550 job cuts Nelnet said it notified 550 employees that their jobs are being eliminated. It also cut 560 employees in January. Recommended for you Watch Now: Related Video US claims 'strong signs' for deal with Iran US jury finds Meta and Google liable in social media addiction trial US jury finds Meta and Google liable in social media addiction trial Parents demand reforms after verdict in social media addiction trial Parents demand reforms after verdict in social media addiction trial Trump promises 'bigger majorities' for GOP even as midterm warning signs flash for his party AP Trump promises 'bigger majorities' for GOP even as midterm warning signs flash for his party
Nelnet CEO says student loan debt 'too big' Officials from the Lincoln company also said they expect President Joe Biden to issue an executive order soon forgiving up to $10,000 of stude…
Unemployment rate continues to rise in Nebraska and Lincoln The state's unemployment rate last month was 2.6%, while Lincoln's was 2.1% which are both up from last year.
UNL economic indicator declines, suggesting slow growth for Nebraska Nebraska’s Leading Economic Indicator fell 0.03% last month, which signals slowing growth in the first half of 2023.
Lincoln-based company announces another 550 job cuts Nelnet said it notified 550 employees that their jobs are being eliminated. It also cut 560 employees in January.
