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

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 ...

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 ...

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 ...

(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 ...