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Farmington Bank to shed 27% of workforce after $544M People's United deal

Bridgeport-based People’s United Bank intends to lay off 95 Farmington Bank employees once its $544 million acquisition of the community lender is complete, according to a state Department of Labor filing.
It was not entirely clear whether any of the laid off employees would be rehired, but the notice described the layoffs as permanent. Efforts Friday afternoon to ...

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