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Home Latest News General

US Bank Announces Intentions To Cease Operations And Lay Off In Bedford, Ohio

by Jay Helton
May 10, 2018
1 min read
0
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U.S. Bank is ranked as the 7th largest bank in the United States. The company offers banking, investment and mortgage services. The company trades under the ticker USB on the New York Stock Exchange. On May 8, 2018, US Bank submitted a WARN notification with the Ohio Department of Job & Family Services. According to that notification, the company will soon be ceasing operations at its Bedford, Ohio facility.

The facility is located at 17500 Rockside Road. As a result, the company believes that approximately 260 employees will be permanently laid off. The first separations are expected to begin on July 9, 2018. The workers are not represented by a union. Therefore, bumping rights do not exist. The full WARN notification has been made available here.

Tags: bedfordlayofflayoffsohious bankusb
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