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BB&T to Lay Off Another 82 Workers, Sell Former Susquehanna Headquarters in Lititz


Lititz, PA, USA, Oct 3, 2017 -- BB&T is laying off another 82 employees in the former Susquehanna Bank headquarters in Lititz and selling the building to an unidentified buyer.

In its announcement, BB&T said the affected employees will be let go in early December.

They work in a call center and in so-called "back office" operations in the 26 N. Cedar St. building, BB&T spokesman David White said.

"Back office" personnel includes administrative and support staff who do not deal directly with customers.

White called the layoffs the result of "BB&T’s ongoing effort to evaluate our operations in a highly competitive marketplace and reallocate resources into other strategically important areas, such as improved digital banking technologies to meet our clients' ever-changing needs."

With this new round of layoffs, BB&T’s Lancaster County workforce will stand at more than 350, White said.

Lititz Mayor Tim Snyder was not surprised by Tuesday’s news that more layoffs are coming.

"I kind of expected it, to tell you the truth," said Snyder, pointing to earlier cutbacks in the borough by BB&T.

"I look at it this way: one door closes, another door opens. You never know. There might be jobs for these people with whoever comes in."

Borough Council President Karen Weibel expressed concern for the affected employees and their families, noting the layoffs will hit during the Christmas season.

At the same time, a new tenant in the North Cedar Street building could be a welcome addition to the borough.

"This is an opportunity, not a challenge, in my view. ... BB&T’s real estate assets in the borough have been underutilized for quite some time," said Weibel.

BB&T's new layoffs will leave 45 BB&T employees in the building. They will be relocated to other BB&T facilities in the county, White said.

The number of BB&T employees to remain in Lititz was not immediately available.

Tuesday’s announcement marks the second sizable reduction to the workforce in the former Susquehanna headquarters.

In September 2015, BB&T said it would lay off 89 employees there.

BB&T has tried to soften the impact of the layoffs on the community by creating a $10 million economic growth fund for the county.

So far, the fund has given $6.1 million in grants to 11 nonprofits here.

BB&T also emphasized that it’s taking measures to ease the impact of the layoffs on the affected employees.

"We understand this is a difficult time for these associates and we will support them through this transition with respect and compassion," White said.

"This includes helping them find other opportunities inside and outside our company and providing ample notice and severance packages," he said.


Posted by Veronica Silva Cusi, news correspondent
Source: http://lancasteronline.com

Date Posted: Wednesday, October 4, 2017

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