Equitable is cutting its office space in half at its namesake Equitable Towers in downtown Syracuse. (Rick Moriarty | rmoriarty@syracuse.com)

Syracuse, N.Y. -- One of downtown Syracuse’s largest employers is planning to cut its office space in half at the twin towers that bear its name.

Equitable, which has had a major presence downtown since 1967, told city officials earlier this summer it plans to consolidate its offices in the twin towers named after the life insurance company onto two floors and return space it formerly occupied on six other floors to the building’s landlord. It plans to keep its 740 workers, the company says.

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