Ally Financial (ALLY) will be exiting the mortgage origination business and is looking at strategic alternatives for its credit card business in Q1, the company confirmed to MT Newswires Tuesday.
The company is also looking to shed some of its workforce. The job cuts would affect less than 5% of the company's workforce of 11,000.
"As we continue to right-size our company, we made the difficult decision to selectively reduce our workforce in some areas, while continuing to hire in our other areas of our business," Ally spokesperson Peter Gilchrist told MT Newswires.
Bloomberg reported the story earlier.
Price: 36.01, Change: +0.23, Percent Change: +0.64
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。