Saturday, June 30, 2007

Capital One Cutting 2,000 Jobs Amid Loan Losses!

Capital One Financial Corp., the largest independent U.S. credit card issuer, and the second-largest nongovernment employer in the Richmond area is cutting 2,000 jobs, or about 6 percent of its workforce, amid mounting loan losses and a slowdown in the mortgage industry.

(Source: inRich.com) Full Story!

No comments: