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Capital One cuts Tigard jobs

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Thursday, September 27, 2012

Capital One expects to cut 217 jobs in its Tigard collections department by 2013.

Capital One earlier this year outlined plans to slash marketing jobs in Tigard after acquiring the site from HSBC. It bought the British banking company's U.S. credit division in a $2.6 billion deal that closed in May.

The then-HSBC call center was once Tigard's largest employer, with 948 workers in March 2010. Within a year, its payroll dropped to 300, according to the city's annual financial report.

Read more at OregonLive.com.

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