About 2,400 people work for Ally in Charlotte. The company said it would cut “less than 5%” of its workforce to help ...

Gifting allows recipients to access the article for free. Ally Financial Inc. will cut jobs, end mortgage originations and consider strategic alternatives for its credit-card business as borrowers ...

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 ...

CardWorks agreed to buy the business, including a $2.3 billion credit-card loan portfolio with 1.3 million active cardholders as of the end of last year, Ally said. Additional terms of the deal ...

(Bloomberg) -- Ally Financial Inc. will cut jobs, end mortgage originations and consider strategic alternatives for its credit-card business as borrowers have struggled to pay down costly debt.

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 ...

Ally Financial (NYSE:ALLY) plans to exit its mortgage origination business and reduce its workforce due to increasing credit challenges and the impact of higher interest rates, according to a ...