A prominent local bank has slashed several of the jobs Fort Lauderdale had to offer.
At the end of last month, BankAtlantic announced its plans to layoff 75 employees, or about 6 percent of company’s total workforce. About 50 of those jobs were at the bank’s corporate headquarters in Ft. Lauderdale, while the rest were from various branches.
The cuts were made in an effort to reduce expenses during 2011. All of the employees affected by the layoffs were offered severance pay and outplacement help (If you want to know more about outplacement, click here).