Texas-based bank reduces workforce
Texas Capital Bank has cut jobs, the Dallas-based bank confirmed.
“Maintaining a cost structure that supports sustainable profitability means effectively managing expenses and allocation of resources,” a spokesperson said in a statement. “Like many companies facing today’s unique economic environment, we made the difficult and necessary decision to reduce our workforce in order to ensure we are well-positioned to meet the challenges and opportunities ahead.”
Texas Capital (Nasdaq: TCBI)…
