Marine to Wrap Up Restructuring By Laying Off 4% of Work Force

In what is being called the final phase of its two-year restructuring, ailing Marine Midland Banks Inc. is laying off 412 employees, or 4% of its work force, the company announced late Tuesday.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.