Toyota Financial Services to lay off 54 in Cedar Rapids

CEDAR RAPIDS, Iowa (KCRG) – Toyota Financial Services will layoff 54 employees in Cedar Rapids at the end of next year. The listing on Iowa WARN says the 54 employees will be laid off on December 31st, 2024. However, a corporate communications manager with Toyota Financial Services told TV9 this morning the layoff date is actually December 31, 2025 and that they are reaching out to have the WARN listing corrected.

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