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Ally Financial starts job cuts with less than 5% of staff affected

Detroit-based firm said the job cuts will occur across divisions

Bloomberg News

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 […]

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