HSBC Finance Corp. announced yesterday that it plans to close its Tulsa office in September 2010 which means that approximately 465 Tulsa workers will lose their jobs.
Employees will get at least 60 days’ notice, but most will remain on the job until September, said Rob Sherman, vice president of public affairs for HSBC-North America. Details on severance packages, benefits and outplacement services will be provided soon, he said.
Sherman said that all employees at the facility will have the opportunity to apply for open positions at other HSBC locations including Sioux Falls, South Dakota, Las Vegas, Nevada, New Castle, Delaware, Chesapeake, Virginia, Buffalo, New York, Salinas, California and Chicago, Illinois.
HSBC Finance’s local office is located at 4848 S. 129th East Ave. and primarily handles customer service, collections and technology support for HSBC’s credit card business. HSBC Finance is part of HSBC-North America, which is one of the country’s largest banks. It has 370 branches in 12 states and the District of Columbia, and it is the sixth-largest provider of credit cards.
Source: Tulsa World
