Ally Financial is cutting hundreds of jobs companywide, including in Charlotte. The digital-only bank’s layoffs will affect less than 5% of its workforce, bank spokesman Peter Gilchrist ...

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Ally Financial (ALLY) plans to cut hundreds of jobs companywide, bank spokesman Peter Gilchrist confirmed in a statement to The Charlotte Observer, Catherine Muccigrosso reports. The layoffs will ...

The company is focusing on its "highest-returning businesses" in addition to cutting jobs The Detroit, Mich.-based Ally Financial is exiting the mortgage origination business, as first reported by The ...

Ally Financial intends to fully exit its mortgage origination business and reduce its workforce by around 5% in the process. This follows a previous move in November to stop holding new mortgages ...

Ally Financial said Wednesday it will enact a layoff of less than 5% of its 11,000-employee workforce, as well as exit the mortgage-origination business, as the company is burdened by borrowers ...