The TIAA Bank told the state last week it was laying off more employees as it shuts down its home loans origination business and closing that unit at its downtown Jacksonville facility.
The bank is amending some of its employees' departure schedules and laying off an additional 48 employees, according to a letter sent to the state May 28.
The bank originally said its planned transition of home lending operations to PNC National Bank would impact about 300 employees. Of those, 90 of them will be laid off, while over 200 employees will be offered jobs with PNC National Bank, according to the April notice to the state.
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The Layoff List was created in 2019 and is free for the community. Tips reported are left anonymous unless they explicitly ask to be included as a source. We verify a majority of tips and include independent sources, but for tips that we are unable to verify we separately categorize them as unverified reports to avoid misrepresentations.