Thrivent Financial is offering a buyout to long-term employees, in hopes of cutting costs.
The organization wants to reduce expenses by $40 million over the next two years. The offer is to workers with at least 10 years with Thrivent.
There aren’t any specific target for the number of buyouts in Appleton. More than 1,900 people work at Thrivent in Appleton.
A statement from the organization says it had strong financial results last year, and in previous ones, despite the low-interest rate environment and a rapidly changing technology landscape.
