GTE Federal Credit Union announced that it laid off 5% of its workforce at its Tampa, Fla., headquarters and will be closing three branches.
The staff cuts will affect the 600 people who currently work at the credit union's headquarters, according to an article in the Tampa Tribune.
GTE recently closed eight branches across the country and said that it will close more branches in Orlando soon.
Continue Reading for Free
Register and gain access to:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.