Flagstar Bank confirms layoffs, big restructuring in wake of merger
The Flagstar Bank layoff notices were handed down Thursday and represented about 10% of all employees at the newly combined bank.
Source: freep.com
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The Flagstar Bank layoff notices were handed down Thursday and represented about 10% of all employees at the newly combined bank.
The all-stock deal by New York Community Bancorp Inc. was first announced in April 2021 and originally supposed to close late last year.