WSMH FOX 66 on Facebook WSMH FOX 66 Twitter WSMH FOX 66 RSS Feed WSMH FOX 66 Mailing List
 

FOX 66 News at Ten

WSMH FOX 66 :: News - News at Ten - First Merit Bank to layoff 135 employees
First Merit Bank to layoff 135 employees

Bad news for Flint as the city's workforce is expected to shrink. First Merit Bank, the former Citizens Bank on South Saginaw Street, says it's laying off 135 workers from it's downtown headquarters.


City leaders say the layoffs are not unexpected because of the takeover, and say the city will make up for the lost jobs.


The bank has around 600 workers at the location. Employees were alerted to the possibility of losing their jobs when the transition was made from Citizens Bank to First Merit back in April.


A number of surrounding businesses in the area say they expect to lose revenue as a result of the layoffs.


Nadine Cook has owned Churchill's Food and Spirits restaurant for 17 years. The restaurant in the heart of downtown flint and many of her customers have been around just as long.


"We know them by name, we know what they eat, we know what they drink. First Merit is the only bank left downtown in Flint and there used to be three, for us its a huge impact. There is a lot of people who have lot their jobs, a lot of people who have been loyal customers to us over the years, a lot of people we are going to miss, like family, because we are that next door kind of family type place for them," said Cook.


Many of those customers nadine is refering to, work at First Merit Bank and are a huge part of her business.


Flint Mayor Dayne Walling released this statement about the layoffs. He says, "Everyone expected employment changes with the acquisition. It is hard to see these jobs leave Flint, but downtown continues to grow and we will more than make up for these jobs with future projects."


The layoffs take effect at the end of the month.


Copyright 2013 WNEM (Meredith Corporation). All rights reserved.

First Merit Bank to layoff 135 employees

Tuesday, October 8 2013, 10:57 AM EDT

National News Headlines

Conviction against ex-Goldman Sachs programmer overturned; was tried twice over code theft
A New York court has again overturned the conviction of a former Goldman Sachs programmer twice tried for stealing confidential computer code.

Texas man convicted of murder in 1968 shooting death of Bethlehem Steel company employee
A man has been convicted of murder in the death of another man almost five decades ago.

5 Affordable Benefits Employees Appreciate But Few Companies Offer
Companies that help employees with small daily challenges and support their personal development attract better talent and earn staff loyalty.

Small Businesses and Startups Have More in Common Than You Think
At the heart of both of these business models are six core qualities entrepreneurs need to succeed

Iowa inmate managed to escape maximum-security cell by sneaking through pipe opening to roof
Authorities say an Iowa inmate managed to escape from one of the state's most secure cells by sneaking through the building's piping and onto the roof.

Gay couple gets marriage license after suing Texas clerk who cited religious opposition
A gay couple was granted a marriage license Monday within hours of filing a federal lawsuit against a county clerk in Texas who cited religious opposition when denying them a license last week.

3 Reasons You Should Sell Your Business
Owners who ponder over selling their business do not always do so out of financial desperation or trouble but usually because they are looking for the next opportunity.

Reddit CEO Ellen Pao Issues an Apology for the Direction of the Site
We screwed up."

Satanic Temple looks to Arkansas as possible statue location in fight over religious monument
An Oklahoma Supreme Court ruling that will rid the Capitol grounds of a religious monument has simultaneously scuttled the plans of a group advocating for a Satanic statue there, and they now hope to enshrine the deity outside the Arkansas Statehouse.

Violent weekend that left 7 dead in Chicago highlights frustrations in combating gangs, guns
A 7-year-old boy has become the latest reminder of Chicago's ongoing struggle to combat gun violence and the gangs that police say are responsible for so much of it.

News at Ten Stories

Advertise with us!
IE6 Float Fix