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 digital-only bank’s layoffs will affect less than 5% of its workforce, bank spokesman Peter Gilchrist confirmed Tuesday night in a statement to The Charlotte Observer. Ally has 11,000 ...

Employees were notified of the layoffs Tuesday, spokesperson Peter Gilchrist wrote in an email. He did not say how many employees were impacted in Detroit. "Reductions are not specific to any one ...

while continuing to hire in our other areas of our business,” spokesperson Peter Gilchrist said in the email. The cuts aren’t specific to one line of business or location, he said, and ...

we announced that we will be exiting the mortgage origination business and looking at strategic alternatives for our credit card business in the first quarter of this year,” Peter Gilchrist, a ...

while continuing to hire in our other areas of our business,” spokesperson Peter Gilchrist said in the email. The cuts aren’t specific to one line of business or location, he said, but do ...

In the email to Bloomberg, Ally spokesperson Peter Gilchrist noted, “As we continue to right-size our company, we made the difficult decision to selectively reduce our workforce in some areas ...

A group of local investors recently purchased a portfolio of two historic Santa Fe bed and breakfasts in an effort to ...