As part of a corporate restructuring, Sallie Mae is moving 2,000 jobs from overseas to the U.S., including 600 additional jobs at the company's Hanover Township Industrial Park facility, reports the Times Leader.
Todd Vonderheid, president of the Greater Wilkes-Barre Chamber of Business and Industry, said that because of this morning’s announcement, there are 700 local residents already working at Sallie Mae who are feeling much better about their job security.
"They are now much more likely to go out and buy a car, buy something new for the house, or otherwise engage in the consumer spending necessary to boost the local economy,” Vonderheid said. “And, in just a few months, Sallie Mae’s 600 new local employees will be adding even more to our community’s economic base. That’s why this decision is so positive for the entire Greater Wilkes-Barre area."
Read the full story here.