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Old 26th October 2006, 12:04 AM   #1

Username: RSS News User
Rank: WF101 Oldie
Join Date: Oct 2005
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Default Countrywide laying off more than 2,500 employees (Reuters)

<p><a href="http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20061024/bs_nm/financial_countrywide_jobs_dc"><img src="http://d.yimg.com/us.yimg.com/p/nm/20061024/2006_10_24t151735_450x295_us_financial_countrywide _earns.jpg?x=130&y=85&sig=a5FLedeO1.kDuMtoBwPZ6w--" align="left" height="85" width="130" alt="A realtor's sign hangs in front of a house for sale in Portland, Oregon, December 29, 2005. Countrywide Financial Corp., the largest U.S. mortgage lender, on Tuesday said third-quarter profit rose 2 percent, less than analysts expected, as demand for home loans slumped. (Richard Clement/Reuters)" border="0" /></a>Reuters - Countrywide Financial Corp., the
largest U.S. mortgage lender, on Tuesday said it expects to cut
staff by more than 2,500 employees to help save more than $500
million as demand for home loans slumps.</p><br clear="all"/>

View the entire article: Countrywide laying off more than 2,500 employees
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