Countrywide seen slashing as many as 12,000 jobs as loan originations slow
Countrywide seen slashing as many as 12,000 jobs as loan originations slow
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Countrywide Financial Corp. is expected to announce plans to reduce its workforce over the next three months by 10,000 to 12,000 jobs, representing as much as 20 percent of the current total, according to a report in the The Wall Street Journal. |
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News entry number 1186 added on Sep 8, 2007 in the Business News category.
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