US jobs take subprime hit, Countrywide plans steep cut
Story date: 2007-09-08 10:12:00
Added on: 2007-09-08 23:57:43
Economic Times - Countrywide was the latest lender bringing bad news in the mortgage sector, saying it plans to cut 10,000 to 12,000 jobs over the next three months, as it copes with declining housing volume and difficult credit markets. The job cuts represent up ...
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