Ally Financial Starts Job Cuts With Less Than 5% of Staff Affected
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Ally Financial Inc. started cutting jobs on Monday, initiating a workforce reduction that will affect less than 5% of the company’s overall headcount.
The Detroit-based firm said the job cuts will occur across divisions and aren’t isolated to a single line of business, spokesperson Peter Gilchrist told Bloomberg News in an email. Ally had 11,700 employees as of January.