This State Is Now Facing Unexpected US Bank Layoffs

This state is now facing unexpected US bank layoffs as yet another institution issues a warning to its employees.

Barclays filed a notice with the Ohio Department of Job and Family Services advising they would be closing a call center in Cincinnati, leading to a total of 252 employees losing their jobs.

It’s important to note that the Worker Adjustment and Retraining Notification Act requires an employer with more than 100 full-time workers to provide a 60-day notice before laying off 50 or more people at a single site. 

The bank issued the following statement regarding the layoffs and closure of its facility:

“Barclays Services will be permanently closing its Cincinnati Call Center located at 1435 Vine St, Cincinnati, OH 45202, effective September 13, 2024, or within 14 days of that date.

As a result, most of the Barclays employees employed at this location will be permanently terminated from Barclays’ employment.”

None of the employees are represented by a union, and employees affected will not be entitled to transfer, reassignment, or bumping rights, the company said.

But Barclays isn’t the only business who has advised of upcoming job cuts in Ohio.

Below is a list of other businesses laying off in Ohio this year:

  • Associated Materials advised they were laying off 184 staff at a facility in Cuyahoga Falls on May 20.
  • Health Help has advised that 22 staff in Ohio will be laid off on June 28.
  • Optum is closing a facility in Toledo, which will result in 129 people losing their jobs.
  • Arlington Contact Lens Services will be laying off 151 staff in Columbus.
  • EVO Transportation advised they were laying off 82 staff at a location in Columbus in June.
  • Bon Appetit announced that 222 employees would be laid off due to losing a contract.
  • Oak View Group advised they were laying off 108 staff in Ohio.
  • Dollar General laid off 265 staff across several Ohio locations.
  • Sid Tool Company is closing a warehouse in Columbus, resulting in 130 employees losing their jobs.
  • Brightview Landscapes also filed a notice advising that 86 staff in New Albany were laid off on May 1.
  • Global food giant Nestle announced layoffs occurring at Nestlé USA’s Solon campus, which includes 30003 Bainbridge Rd, Solon, OH 44139, 5750 Harper Road, Solon, OH 44139, and 30000 Bainbridge Road, Solon, OH 44139. In total, 254 staff at the campus will lose their jobs in the coming months.
  • Amsive LLC advised the Ohio Department of Job and Family Services of job cuts to take place in May.

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Also Read: A Massive US Bank is Now Closing Credit Cards

Other Economy News Today

Market News Today - This State Is Now Facing Unexpected US Bank Layoffs.
Market News Today – This State Is Now Facing Unexpected US Bank Layoffs.

A banker is now convicted for stealing money from customers while working at Bank of America over a 10-year period.

The personal banker was arrested after her years-long scam, resulting in nearly $300,000 being stolen, came to light.

Police in Seneca, South Carolina said they received a report in 2013 about missing money from an account with Bank of America.

The victim, who also reported the incident to the Customer Service department, told police he was missing around $30,000.

Investigators worked with Bank of America for several weeks after the crime was reported and learned that an employee who had been stealing money from several people in Oconee County.

The police said the victims would use the Bank of America location in Seneca as their primary bank and Bobbi Cortese was their personal banker.

Seneca Police investigators and the US Secret Service spent nearly a decade doing more interviews.

Meanwhile, Bank of America was given time to complete an internal investigation.

It was revealed that Cortese had stolen nearly $300,000 from four people while working at the bank.

Some of the money was in the victims’ bank accounts for life insurance payouts related to the deaths of their spouses.

Others had a lifetime of earnings that was supposed to be used for their retirement, said police.

Cortese would open accounts under the victims’ names without their knowledge or consent and would perform a “shell game.”

This is when a scammer uses the money from one victim to replace what she stole from another victim.

After investigating further, police said Cortese forged several documents and issued them to the victims to hide the theft.

She committed these acts for about four years while working at the Bank of America, said police.

Cortese was arrested in May 2023 and charged with four counts of breach of trust and two counts of forgery.

She was later fired by the bank, reports The-Sun.

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Also Read: A Massive Bank Now Freezes Money From Direct Deposits

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Market News Today - This State Is Now Facing Unexpected US Bank Layoffs.
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