A student loan collections company has notified New York State it plans to lay off 264 people locally, 172 in Geneseo and 92 in Henrietta.
Coast Professional filed a notice with the State Labor Department that the layoffs would occur within the next several weeks.
As far as a reason for the layoffs is concerned, the company listed the termination of a contract with the U.S. Department of Education.
That department announced last month that it was ending contracts with five private collection agencies that were providing inaccurate information to borrowers, including Coast Professional.
Pioneer Credit Recovery is on that list as well. It has operations in Wyoming County. The Buffalo News reported last month that about 400 jobs could be lost there because of the loss of the contract
