A Minnetonka e-commerce company is closing down, with more than 120 workers set to be laid off. Digital River Inc. informed the Minnesota Department of Employment and Economic Development this week that it will permanently close its headquarters at 10380 Bren Rd. W. by Mar. 28.

Digital River, a Minnetonka-based e-commerce pioneer with a global client roster, is shuttering its headquarters and laying off 122 employees after more than 30 years in business. The permanent layoffs,

Minnetonka-based e-commerce firm Digital River is laying off 122 employees locally and winding down global operations elsewhere.

According to the state, all employees - including those who work remotely across the country and report to that location - will begin seeing layoffs starting on March 28.

According to a notice filed with the Minnesota Department of Employment and Economic Development, Digital River is letting go of 122 employees. That includes remote workers across the country who report to the Minnetonka location.