PHILADELPHIA, Pa. (WHTM) -- A Pennsylvania-based non-profit organization is closing and as a result, more than 270 employees will be laid off.
According to a WARN Notice submitted to the Department of Labor & Industry, Benefits Data Trust (DBT), located at 1500 Market Street in Philadelphia, will be laying off 273 PA employees effective August 24, 2024.
Benefits Data Trust said on its website that after reviewing its finances, it decided to begin winding down its operations.
After careful consideration and a thorough review of our finances and business operations, BDT has made the difficult decision to begin winding down our operation. This decision has not been made lightly, and it comes after much reflection on the best path forward for our valued employees, the people who receive our services, and our funders and partners.
Over the coming weeks, we will be focusing on ensuring a smooth and seamless transition for our stakeholders. Our commitment to fulfilling our mission, providing support and honoring our obligations remains unwavering during this period.
BDT has spent the past 20 years fulfilling its mission to help people live healthier, more independent lives through benefits access. With more than $10 Billion in services delivered since our inception in 2005, we are proud of the accomplishments we have achieved together, and we thank you for your loyalty and support throughout the years.
We are committed to minimizing any adverse impact on the individuals served in this process. If you need to get in touch with a member of our team, please complete the form below and the appropriate person will respond.
Benefits Data Trust
Benefits Data Trust was most known for connecting people to programs that pay for food, healthcare, and more while helping to modernize access to benefits.
abc27 news will keep you updated as more information becomes available.
