TIAA Bank

Jacksonville, FL
https://www.tiaabank.com/
Finance

Layoff Date:

April 29, 2021

Laid Off Employees:

90

Laid Off Percent:

Source: JDR
For the second time in four months, TIAA Bank filed a notice saying it is laying off workers as it exits the mortgage business. The Jacksonville-based bank sent a letter April 26 under the Worker Adjustment and Retraining Notification Act saying it expects to lay off 90 workers as it discontinues its home lending business. This follows a Dec. 30 WARN notice that it was laying off 59 workers as TIAA discontinued its mortgage servicing business unit.
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