Opting for its own form of elective surgery, Capital One Healthcare Finance is closing its office in Framingham, Mass., and laying off 164 employees, according to an article in the MetroWest Daily News.
The unit, which financed dental procedures and cosmetic and other elective surgeries, will be closed by Sept. 11. Thus far, 80 employees have been laid off, with another 53 coming July 11. The remaining cuts will occur by mid-September, according to information provided by Scott Simpson, Capital One’s vice president of business affairs, to a Massachusetts state agency.