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BATTLE FOR WACHOVIA
No Decision Yet In Wachovia Merger LawsuitWachovia CEO Sees Bright Future For Charlotte Banking; Avoids Job Loss TalkHigh-End Job Losses Likely For WachoviaWells Fargo CEO Says He'll Try To Avoid Cutting JobsStudy Outlines Impact Of Wachovia Merger On Charlotte JobsFederal Reserve Approves Wachovia - Wells Fargo DealNew Unsealed Documents Shed Light On Wachovia's Financial SituationWells Fargo Deal Good News For Charlotte But Some Jobs Still Likely GoneCitigroup Backs Out; Wachovia - Wells Fargo Merger Moves ForwardWachovia Deadline Extended Until FridayMayor Appeals To Fed, Charlotte Leaders Briefed On Wachovia ImpactLocal Expert Says Citigroup Could Have Case Against WachoviaRELATED LINKS
ECONOMY
Residents, Workers Concerned About Wachovia Buyout's Effect On University Research Park
Posted: 5:26 pm EDT October 2, 2008
CHARLOTTE, N.C. -- The threat of layoffs at Wachovia will be one of the top priorities for Charlotte City Council members at next Monday night's workshop.Councilors expect to hear several presentations on the state of Charlotte's economy, the reaction in the days after Citigroup announced plans to buy out large chunks of Wachovia, and the challenges the city faces from here.Meanwhile, people working Wachovia's call center in University City are wondering if they will be the next casualty of the buyout.University City Partners met Thursday to talk about the future of the University Research Park. The conversation quickly turned to the 10,000 employees at the call center on W.T. Harris Boulevard.A Wachovia representative said no decisions have been made about the future of the call center yet.
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