Flagstar Layoffs - Flagstar bank's new owner confirmed tuesday that it did a significant number of employee layoffs late last week when it restructured its mortgage division to adjust to the. Approximately 700 employees, making up 8% of the. New york community bancorp โs flagstar bank is eliminating 700 jobs, or 8% of the workforce, as part of the lenderโs effort to turn around its business. Regional lender said on thursday, amid efforts to turn around its. Struggling new york community bancorp inc. Is laying off about 700 workers at its flagstar bank subsidiary โas part of its strategic transformation plan,โ according to the. Flagstar bank in troy has laid off hundreds of employees in several states and is shuttering part of its national mortgage operation less than two months after merging with a. Flagstar bank's new owner confirmed tuesday that it did a significant number of employee layoffs late last week when it restructured its mortgage division to adjust to the.
Flagstar bank's new owner confirmed tuesday that it did a significant number of employee layoffs late last week when it restructured its mortgage division to adjust to the.