LAYTON -- Officials with Citi Commerce Solutions announced Wednesday they are laying off about 120 workers at the firm's credit card service center in Layton.
The center at 2195 University Park Blvd. employs about 540 people and supports the private label credit division for Citigroup Inc.
Positions are being eliminated in the center's collections and fraud detection departments, which will be consolidated with other Citi operations, said Janis Tarter, a San Francisco-based spokeswoman for Citi. The layoffs will be completed by early next year.
Efforts are under way to help furloughed workers find other jobs within Citi as well as outside the company, she said.
In addition to the layoffs, about 270 employees at the Citi Commerce Solutions will begin transitioning to "work at home positions" and about 160 employees will relocate to a smaller building that will be leased in the Layton area, said Tarter. The transition should be complete sometime in 2011.
The layoffs and the transitioning of remaining employees at the center is part of Citi's strategy to improve its operations.
"We reached this decision as part of an ongoing evaluation to find ways to increase the efficiency and cost effectiveness of our consumer banking operations, while giving employees as many flexible work options as possible," said Tarter.
Ben Hart, economic development specialist for Layton, said he was unaware of the layoffs until contacted by the Standard-Examiner.
"It is tough to see that number of employees laid off and others transition out of that building," he said."The center is one of the larger employers in Layton. Our effort will be to facilitate the company to find the highest and best use of that building and house as many employees as possible."
Citi cut more than 73,000 jobs in 2007 and 2008, said Tarter. Those cuts were prompted by the national recession and Citi's efforts to reduce expenses by 20 percent, according to the Daily Finance website at www.dailyfinance.
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