RobertB
September 5th, 2007, 09:27 PM
Sep 5, 8:06 PM EDT
Countrywide to cut about 900 more jobs
By ALEX VEIGA
AP Business Writer
LOS ANGELES (AP) -- Struggling mortgage lender Countrywide Financial Corp. said Wednesday it will cut about 900 more jobs nationwide, primarily from its mortgage production divisions.
The cuts followed the elimination of about 500 positions last month.
The latest layoffs came in response to the troubled housing market and economic conditions, Calabasas-based Countrywide said in a statement.
On the Net:
Countrywide Financial Corp.: http://www.countrywide.com
Countrywide to cut about 900 more jobs
By ALEX VEIGA
AP Business Writer
LOS ANGELES (AP) -- Struggling mortgage lender Countrywide Financial Corp. said Wednesday it will cut about 900 more jobs nationwide, primarily from its mortgage production divisions.
The cuts followed the elimination of about 500 positions last month.
The latest layoffs came in response to the troubled housing market and economic conditions, Calabasas-based Countrywide said in a statement.
On the Net:
Countrywide Financial Corp.: http://www.countrywide.com