National City Mortgage laid off 100, workers tell feds
Monday, August 27, 2007
MIAMI TWP., Montgomery County — National City Mortgage Co. laid off approximately 100 workers this year when it transferred their jobs to India, workers who lost their jobs told the federal government.
The workers included that estimate in an application they filed in June with the U.S. Department of Labor to request federal job retraining funds following their departures from National City.
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The Labor Department turned them down. It concluded that the law under which the Trade Adjustment Assistance retraining funds are provided applies to manufacturing workers whose jobs are moved out of the country. Since the National City Mortgage loan processing employees did not produce a manufactured item, they could not be considered for the TAA funding, the Labor Department concluded.
National City will not confirm how many workers had to leave the company because of the jobs shift to India, company spokesman Chris Kemper said Monday.
He said, however, that the workers' estimate of 100 layoffs does not reflect the effort by National City's mortgage unit to find other jobs for the affected workers within the company. Otherwise, they were given severance packages, he said. National City Mortgage, based in Miami Twp., is a division of National City Bank.
The departing workers told the Labor Department they were informed in February that their jobs would be transferred to a firm in India. Three workers who signed the petition to the government said they could not find other positions and were told their employment would end this month.
Contact this reporter at (937) 225-2242 or jnolan@DaytonDailyNews.com.
