Credit Card Payment Processing Company Will Lay Off 139 Employees At Portland Office

Jan 8, 2020

The international credit card payment processing company EVO has notified the state that it plans to lay off 139 employees at its Portland offices in the Public Market Building. Landlord Steve Whittier says the company is committed to the lease until 2030.

“They plan on using a small portion of it long term, and they would like to either sublet or re-let the rest of it,” he says.

Whittier says it could be up to about a year until the space is re-leased.

EVO didn't immediately return calls for comment. Maine law requires companies with more than 100 employees to give the state 90 days notice in advance of layoffs of more than 50 people. The company notified the Department of Labor about the 139 layoffs Tuesday. The Department says the company does not plan to begin the layoffs until March, and DOL is already receiving requests from area employers to make sure workers know about job opportunities with them.