BRIEF-Flagstar Bank Announces Workforce Reduction Impacts 700 Employees, Or 8%

Reuters

Oct 18, 2024

Oct 17 (Reuters) - New York Community Bancorp Inc

* FLAGSTAR BANK IMPLEMENTS WORKFORCE CHANGES AS PART OF ITS CONTINUED TRANSFORMATION AND COST REDUCTION STRATEGY

* NEW YORK COMMUNITY BANCORP INC - WORKFORCE REDUCTION IMPACTS 700 EMPLOYEES, OR 8%

* NEW YORK COMMUNITY BANCORP INC - FLAGSTAR BANK TO FINALIZE SALE OF MORTGAGE SERVICING BUSINESS IN Q4 2024

* NYCB: TRANSACTION WILL RESULT IN A FURTHER REDUCTION OF APPROXIMATELY 1,200 EMPLOYEES,

Source text for Eikon: Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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