EmploymentSpectator

SunTrust to Send 1,500 US Jobs to Canada

Atlanta, Georgia’s SunTrust Banks has signed a 10-year deal with Toronto, Ontario’s Symcor, to handle check & payment processing and statement generation. As a result, SunTrust will lose 1,554 positions; but the Canadian firm will take over 1,500 of the workers. Fifty-four workers will lose their jobs. The layoffs and transfers will affect 5% of SunTrust’s [...]

Continue reading...