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Dubuque Bank laid off dozens amid efforts to streamline operations and adapt to digital change.
Dubuque Bank has announced the layoff of dozens of employees, citing ongoing efforts to streamline operations and improve efficiency.
The bank did not disclose the exact number of positions eliminated but confirmed the cuts affect multiple departments.
Management stated the decision was driven by shifting customer demands and digital transformation initiatives.
Affected employees were notified this week, and severance packages are being provided.
The bank emphasized its commitment to maintaining strong customer service despite the restructuring.
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Dubuque Bank despidió a docenas en medio de los esfuerzos para racionalizar las operaciones y adaptarse al cambio digital.