First Niagara to Lay Off 219 in Connecticut - NBC Connecticut

First Niagara to Lay Off 219 in Connecticut



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    The day before First Niagara and New Haven Open at Yaleannounced that the bank will take over the sponsorship of the women’s tennis tournament, the state received a report about layoffs the company plans in New Haven and Manchester.

    First Niagara is buying New Haven-based NewAlliance Bancshare and New Alliance officials said in December that they would eliminate 230 back-office and support jobs in New Haven and Manchester.

    They also said they expect to create 180 new jobs in New England, with a total loss of 50 jobs.

    The bank will lay off 93 people in Manchester and 126 in New Haven, according to the state Department of Labor WARN report.

    New Haven officials said in December they believed that merger would have a negative impact on the area.

    The layoffs will happen between April 15 and Jan. 2012.