HarborOne Bank announces layoffs amid plans for new Boston branches

Nancy Lavin

08/21/2020

HARBORONE BANK will lay off 10% of its 450-person workforce in Massachusetts and Rhode Island in conjunction with plans to open two new Boston-area branches.

PROVIDENCE – HarborOne Bank will lay off 10% of its 450-person workforce in Massachusetts and Rhode Island, according to a news release. The decision to lay off 43 employees across Massachusetts and Rhode Island branches comes as the bank prepares to open new Boston-area branches this fall, the release stated. The layoffs were also prompted…

Register to keep reading or subscribe today and receive unlimited access.
Already a Subscriber?

If you have already logged in and are still seeing this message, please refresh the page as your browser is caching the old content.

Want to share this story? Click Here to purchase a link that allows anyone to read it on any device whether or not they are a subscriber.