Huntington Bancshares to Lay Off 52 Employees in SBA Program Closure
SOURCENews reportView the filing ↗
What we know
Location: St. Petersburg, Florida, USA.
Department affected: SBA Program.
Based on news reporting.
Summary
Huntington Bancshares Incorporated has announced the layoff of 52 employees as it shuts down its Small Business Administration (SBA) program in St. Petersburg, Florida. This decision comes as part of a strategic shift within the company, impacting the department responsible for managing SBA loans. The layoffs are effective immediately, reflecting the company's ongoing adjustments to its operational focus. Huntington's move highlights the challenges faced in the banking sector, particularly in specialized lending areas. The closure of the SBA program signifies a significant change in the company's service offerings.
Huntington Bancshares Incorporated cut 52 jobs in FL affecting its SBA Program team as of August 6, 2025.
That is roughly 0.3% of the 19,896 people Huntington Bancshares Incorporated employs.
LayoffTalk has tracked 4 layoff events at Huntington Bancshares Incorporated since August 2025, including 63 jobs documented in official WARN filings, with 3 additional events known from news reporting.
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