Five WNY companies, 400+ layoffs

Sara: I'll be off next Friday and the Weekly Edition will be, too. Look for us both back in your inbox Aug. 2.

Hundreds of jobs were lost in Western New York in the second quarter, with Tesla contributing the largest number of cuts at its South Buffalo plant.

The region saw fewer layoffs overall than in the first quarter, though.

Between April and June, about 442 jobs were cut by five companies. In the first quarter of the year, Western New York saw more than 500 jobs cuts from seven companies.

Click here to see the full list , compiled by Katie Anderson . (Did we miss any? Email [email protected] .)

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Influx of immigrants presents growing opportunities

After decades in free fall, Buffalo's population count finally stopped dropping recently, and even climbed slightly in the 2020 Census (though more recent estimates suggest it may have slipped again). That population decline would have continued largely unchecked were it not for the arrival of thousands of immigrants and refugees.

Those new Buffalonians are the focus of this month's edition of Buffalo Unlocked, where Jacob Tierney explores a segment of the population that is buying properties, opening businesses and creating neighborhoods in and around the city.

Click here to read more.

Plus, Tracey Drury brings you the stories of three immigrants who have successfully launched businesses here. (Four, if you count "Al the tax guy.") | Read more

Is this your first introduction to Buffalo Unlocked? Catch up on the rest of the yearlong series here.

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KeyBank talks Buffalo; M&T talks lending strategy

It was earnings call day on the banking beat. After their respective calls, Jacob Tierney spoke with KeyBank's Chris Gorman and M&T Bank's Daryl Bible . Here's what they had to say:

• CEO Gorman emphasized Buffalo's role in KeyBank 's shifting strategy. "Buffalo is always a good market, but it's been a really good market with respect to mass affluent as well," he said. | Read more
• M&T Bank is finding success in other industries as it pulls back from CRE. "Our capital and liquidity are some of the best in the industry," Bible said. "We've been on the offensive from that perspective." | Read more

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For $50K, they'll sell you their $500K meat business

Thirteen years ago, two friends opened a meat and deli shop in the Town of Niagara. They're hanging up their aprons at year's end and the popular business will close — unless they can find a buyer.?

“Me and Norm — I’m 68, Norm’s 62 — we’re getting ready to retire,” said Bryan Lozinsky, a meat cutter for 40 years. “It’s a great business, but there comes a time when you have to give it up.” | Read more

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Erie's million-dollar-home market is hot; how about Niagara's?

This year is shaping up to be another hot year for million-dollar home sales for Erie County. But neighboring Niagara County — despite having a record-high year for residential deals totaling $1 million or more in 2023 — the county has hit a lull. | Read more

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This Weekly Edition was compiled by Sara Paulson Meehan . Questions? Comments? Concerns??Send them to?[email protected] .