More mortgage layoffs: Bear Stearns firing 310 workers (USA Today)
Story date: 2007-10-03 11:48:56
Added on: 2007-10-03 23:00:17
Bear Stearns said Wednesday it is laying off 310 workers and fusing its two mortgage businesses, after turmoil in the home loan industry contributed to a dramatic slide in the investment bank's profit this summer.
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