New York Community Bancorp's Flagstar Bank cuts 700 jobs
seekingalpha
2024-10-18
RiverNorthPhotography
New York Community Bancorp's (NYSE:NYCB) bank subsidiary, Flagstar Bank, is reducing its workforce by 8%, affecting ~700 employees as the company executes its transformation plan and integrates three legacy banks.
The headcount reduction comes after the NYCB overhauled its management