World-News: Countrywide to cut up to 12,000 jobs

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Countrywide to cut up to 12,000 jobs

Countrywide Financial Corp, the largest U.S. mortgage lender, said on Friday it plans to cut 10,000 to 12,000 jobs to cope with weak housing demand, rising foreclosures and tightening credit markets.

http://www.reuters.com/article/domesticNews/idUSN0723369820070907

From Information Clearing House

http://freepage.twoday.net/search?q=housing
http://freepage.twoday.net/search?q=foreclosure

rudkla - 9. Sep, 09:11

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Countrywide to cut up to 12,000 jobs

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