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Flagstar Bank laying off 700 more employees
Flagstar Bank laying off 700 more employees, 1,200 others to be affected by sale of mortgage business
Flagstar Bank is laying off about 700 more workers “as part of its strategic transformation plan,” according to the bank’s Hicksville-based parent company. The layoffs represent about 8% of the bank’s workforce, New York Community Bancorp Inc. — which bought Flagstar in 2022 — said in a statement Thursday.
Rescued New York Community Bank to lay off 700 at its Flagstar subsidiary
Struggling New York Community Bancorp said it's cutting 700 jobs at its Flagstar subsidiary as it tries to return to profitability after being rescued by investors earlier this year
Flagstar Bank lays off 700 with more to depart after asset sale to Mr. Cooper
Flagstar laid off 700 employees and anticipated the transition of another 1,200 to Mr. Cooper Group as part of a recent asset sale.
New York Community Bancorp-Unit Flagstar Bank Cuts 700 Jobs, Plans More Layoffs
Flagstar Bank cut 8% of its employees, or about 700 workers, and has plans to lay off more. The bank, a subsidiary of New York Community Bancorp, said Thursday that the cuts are part of a transformation strategy that aims to strengthen its management,
2d
NYCB's Flagstar Unit to Cut Around 1,900 Jobs
(Reuters) -New York Community Bancorp unit Flagstar Bank will lay off around 1,900 employees, the U.S. regional lender said ...
Crain's Detroit
2d
Flagstar Bank to cut 1,900 jobs by the end of 2024
Flagstar Bank will be eliminating 700 jobs, or 8% of its workforce, its parent company New York Community Bancorp announced ...
3d
on MSN
NYCB’s Flagstar Cuts 700 Staff With More to Depart in Unit Sale
New York Community Bancorp’s Flagstar Bank is eliminating 700 jobs, or 8% of the workforce, as part of the lender’s effort to ...
2d
NYCB to Be Renamed Flagstar Financial as Turnaround Gathers Pace
Flagstar Bank is a subsidiary of New York Community Bancorp. The lender announced its $2.6 billion acquisition of Flagstar in ...
3d
FLAGSTAR BANK IMPLEMENTS WORKFORCE CHANGES AS PART OF ITS CONTINUED TRANSFORMATION AND COST REDUCTION STRATEGY
Flagstar Bank, N.A., (the "Bank") a subsidiary of New York Community Bancorp, Inc., (NYSE: NYCB) (the "Company"), today ...
2d
on MSN
The full list of major US companies slashing staff this year, from Flagstar Bank to Meta and Goldman Sachs
Companies have continued to cut jobs in 2024 after a wave of layoffs last year. Meta, Goldman Sachs, Google, and Tesla are ...
bankingdive
2d
NYCB to shrink headcount by 1,900
The bank cut roughly 700 employees, or 8% of its workforce, it said Thursday, and anticipates shedding another 1,200 when mortgage servicing and third-party origination roles transfer to Mr. Cooper.
3d
纽约社区银行(NYCB.US)旗下Flagstar Bank将裁员700人
智通财经APP获悉,纽约社区银行(NYCB.US)旗下Flagstar Bank将裁员700人,占员工总数的8%。这是该行扭转业务的努力的一部分。据悉,纽约社区银行将更名为Flagstar ...
National Mortgage News
4d
New York Community set for a corporate rebranding
After NYCB streamlined its branch operations under the Flagstar name, the publicly traded company will begin trading under a ...
bankingdive
3d
NYCB rebrands as Flagstar Financial
The board has approved an amendment to change New York Community Bank’s name to Flagstar Financial, effective Oct. 25.
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