Dec. 02--More than 200 employees of Banco Popular in Rosemont will lose their jobs at the end of the year as the bank closes its back-office operations after selling its branches to First Midwest Bancorp earlier this year.
Banco Popular disclosed the layoffs of 233 workers in a report filed with the Illinois Department of Labor last month.
Banco Popular is the retail arm of Puerto Rico's largest bank, Popular Inc. Popular's North American headquarters has been in Rosemont for years. Banco Popular also agreed to sell its banking operations in Southern California and central Florida.
Four country clubs in the Chicago area also reported mass layoffs with the Labor Department. Royal Fox and Royal Hawk in St. Charles; Klein Creek in Winfield; and the Grove in Long Grove will let go a total of 288 workers Jan. 1.
The four clubs were operated by Atlanta-based Sequoia Golf, which was sold to Dallas-based ClubCorp in October. A ClubCorp spokeswoman did not have any immediate information about the layoffs. One of ClubCorp's properties is the Metropolitan Club in Willis Tower.
The Illinois Department of Labor reported that it received layoff notices that will affect more than 1,500 workers. The following layoffs also were reported last month:
--Continental Furniture is permanently laying off 63 workers starting next month at a Chicago facility.
--GE Zenith Controls will terminate 139 starting next month at a Chicago factory.
--UPS will temporarily lay off 449 workers at an Addison facility starting next month.
--Rosewood Restaurant Banquets in Rosemont will close at the end of year, affecting 104 workers.
--Sealy Mattress will terminate 174 employees at a factory in Batavia starting next month.
--Ceannate Corp. will close a collection agency in Rockford, affecting 130 workers Feb. 1.
--Benedictine University will lay off an undisclosed number of employees at its Springfield campus at the end of the year.
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