HSBC layoffs in Virginia
Forty-eight workers at HSBC Mortgage Services’ Chesapeake facility are losing their jobs. HSBC Mortgage Services notified state officials of the layoffs this week. The notice says the layoffs are effective Aug. 17 and are due to a permanent reduction of the company’s work force there. The Hampton Roads Economic Development Alliance says HSBC had more than 1,000 employees in Chesapeake in 2007.
Information from: The Virginian-Pilot, http://www.pilotonline.com
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