BRIEF-Randolph Bancorp says to cut 8 pct of workforce in mortgage banking operations [Reuters]
Randolph Bancorp, Inc. (RNDB)
US:NASDAQ Investor Relations:
randolphbancorp.com
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Source: Reuters
BRIEF-Randolph Bancorp says to cut 8 pct of workforce in mortgage banking operations | Reuters Reuters Staff 1 Min Read Dec 14 (Reuters) - Randolph Bancorp Inc: * RANDOLPH BANCORP SAYS PLANS TO REDUCE OPERATING EXPENSES THROUGH WORKFORCE REDUCTION IN ITS MORTGAGE BANKING OPERATIONS - SEC FILING * RANDOLPH BANCORP INC - WORKFORCE REDUCTION INVOLVES APPROXIMATELY 8% OF COMPANY‘S EMPLOYEES AND WILL TAKE EFFECT BY YEAR END * RANDOLPH BANCORP INC - ESTIMATES WORKFORCE REDUCTION WILL REDUCE ANNUAL OPERATING EXPENSES BY ABOUT $1.13 MILLION * RANDOLPH BANCORP INC - EXPECTS TO RECOGNIZE PRE-TAX CHARGE OF ABOUT $600,000 IN Q4 OF 2017 ATTRIBUTED TO SEVERANCE BENEFITS Further company coverage: All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. © 2017 Reuters. All Rights Reserved. BRIEF-Randolph Bancorp says to cut 8 pct of workforce in mortgage banking operations Dec 14 (Reuters) - Randolph Bancorp Inc: * RANDOLPH BANCORP SAYS PLANS TO REDUCE
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