Capital One Financial Corp., a McLean-based
financial services firm, moved its Web-based auto financing
operations from San Diego to Plano, Texas. The move
will mean the loss of 290 jobs in San Diego and a gain
of 200 in Plano. The move is in addition to 750 companywide
cuts for 2005 previously announced. (Richmond Times-Dispatch)
Diebold Inc., a North Canton, Ohio provider
of security equipment, closed its Danville plant and
transferred assembly of parts for automated teller
machines to other locations, including Lynchburg, as
part of a realignment of its North American operations.
The plant had employed as many as 225 people but was
down to 110 at the time of the announcement. (Danville
Register & Bee)
Eli Lilly Inc., an Indianapolis pharmaceutical
company, announced a downscaling of its previously
announced insulin plant in Prince William County. The
facility, expected to open in 2009, will be one 300,000-square-foot
facility instead of a three-building, 600,000-square-foot
complex. The plant will employ about half of the 700
workers originally envisioned. (The Washington Post)
The Virginia Employment Commission,
a statewide job employment agency, will lay off about
400 workers,
about one-quarter of its staff. Virginia's unemployment
rate, one of the lowest in the country, precipitated
the move. Part-time hourly workers will be primarily
affected. Along with the staff reductions, the agency
will close several offices in metropolitan areas around
the state. (The Associated Press)
