And while we will continue to grow our business and hire accordingly, there will be impact to some positions over time. rich kirchen with the Milwaukee Business Journal says so far. Northwestern mutual has been fortunate and unique in that it hasnt had to deal with any big layoffs. Even in the current market. As he explains. Insurance companies rely on two sources of income. One is based on interest rates. And while the current low investment rates were seeing are go its a struggle in the industry. I think theyre the 9th largest employer in the rea. They have almost 6 thousand employees in downtown milwaukee and franklin. So its important, its significant but we dont know what the numbers are. Kirchen believes they will start by not filling open positions. Which may be the only way this new tower being built comes into play its expected to house 1000 this tower. And this potential layoff news are really two different issues. Live in milwaukee. Krystle kacner fox 6 news. Steph thanks kr