Fintech giant plans to lay off nearly 140 workers at Portland branch
EVO Payments Inc. (Nasdaq: EVOP), a credit card processing company with an office in Portland, plans to lay off 139 employees there.
The employees currently work in EVO’s branch at 320 Cumberland Ave., according to a notice filed with the state Tuesday.
Businesses with over 100 employees must file the WARN notice, or Worker Adjustment and Retraining Notification, in advance of mass layoffs.
The timing of the planned layoff and additional details were not immediately available, and EVO did not respond to an inquiry from Mainebiz.
EVO Payments is an international company with its global headquarters in Atlanta and U.S. operations headquartered in Melville, N.Y. In recent years, the company has acquired three firms in the Portland area’s growing financial technology sector.
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