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Reuters reports that WMC Mortgage has cut more jobs following the layoff of 460 employees from its subprime unit in February.
The spokeswoman, Brandie Young, declined to say how many jobs were being cut, but acknowledged that it would be "less" people than in the prior round. She said all the job cuts were from the Burbank, California-based company’s sales force.
The company had 1,750 employees after the previous layoffs.
Last 3 posts by Morgan
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