Ocwen Announces Workforce Reduction at Waterloo, Iowa Facility

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Go back to Ocwen Announces Workforce Reduction at Waterloo, Iowa Facility

Ocwen Financial (OCN) to Trim Staff at Waterloo, Iowa, Facility

September 24, 2015 10:32 AM EDT

Ocwen Financial (NYSE: OCN) announced that as part of an ongoing cost improvement initiative the Company will reduce its workforce at its Waterloo, Iowa residential servicing facility.

The decision will affect approximately 300 residential servicing employees, which is 10 percent of the Company's approximately 2,900... More