Employment News
M&T Bank Cutting 521 Jobs
By Erik Even | Dated: 03-06-2009
M&T Bank will lay off almost 30% of Provident Bankshares’ workforce, when its acquisition of the Baltimore-based company is completed in May.While 521 jobs will be phased out over three months, another 1,305 positions will be retained.
Most of the losses will be at Provident’s headquarters.
M&T Bank, a $65.2 billion-asset financial services company, last December agreed to acquire the $6.4 billion-asset Provident.
M&T will acquire 143 new branch offices located primarily in Maryland and Virginia, adding to its current total of 177 branches in the same region.
Career Connect (From our other career blogs):
- Employment News (Sponsored by EmploymentSpectator)
- Following Your Passion-Literally! (Sponsored by iamnotastalker.com)
- Job Search Advice from the CEO of TravelingCrossing (Sponsored by aharrisonbarnes.com)
- Layoff News (Sponsored by LayOffWatch)
Testimonial of the Week
By using Employment Crossing, I was able to find a job that I was qualified for and a place that I wanted to work at.
- Madison Currin Greenville, NC
Sign Up now
Only TravelingCrossing consolidates every job it can find in the domain and puts all of the job listings it locates in one place.
- We have more jobs than any other job board.
- We list jobs you will not find elsewhere that are hidden in small regional publications and employer websites
- We collect jobs from more than 4,429,376 websites and post them on our site.
- We are private, and therefore far fewer people are applying for the jobs on our site than are applying for those on public job boards.
