Tue June 18, 2013
OneWest Bank to Lay Off More Than 700 Workers in Austin
A business in Austin is laying off hundreds of employees. OneWest Bank has notified the Texas Workforce Commission that intents to lay off more than 700 employees in Austin.
The California-based company is a mortgage services provider with offices in the Domain complex.
The business is being acquired by Florida-based Ocwen Financial as part of a $2.53 billion deal.
The layoffs will begin at the end of August.