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Sovereign Bank Layoffs

Location Brooklyn, NY · United States · Subscribe (RSS)

3
Layoff rounds
311
Employees laid off
—
Funding stage
—
Total raised

Sovereign Bank has 3 publicly reported layoff rounds on record (most recent July 6, 2006). A total of about 311 employees were affected across these rounds.

Layoff history

July 6, 2006WARN notice
Sovereign Bank cut 99 employees
99 laid off Location Brooklyn, NY Effective June 1, 2006 Facility 1 Pierrepont Plaza Brooklyn, NY, 11201

Sovereign Bank disclosed a workforce reduction affecting its Brooklyn, NY operations in July 6, 2006. Approximately 99 roles were eliminated.

Reason: N/A

July 6, 2006WARN notice
Sovereign Bank cut 134 employees
134 laid off Location Brooklyn, NY Effective June 1, 2006 Facility 195 Montague Street Brooklyn, NY, 11201

Sovereign Bank disclosed a workforce reduction affecting its Brooklyn, NY operations in July 6, 2006. Approximately 134 roles were eliminated.

Reason: N/A

July 6, 2006WARN notice
Sovereign Bank cut 78 employees
78 laid off Location Staten Island, NY Effective June 1, 2006 Facility 15 Beach Street Staten Island, NY, 10312

Sovereign Bank disclosed a workforce reduction affecting its Staten Island, NY operations in July 6, 2006. Approximately 78 roles were eliminated.

Reason: N/A

Data for Sovereign Bank is compiled from public WARN Act filings and reporting linked above. See our methodology.