Tag Archive | "ING Group"

ING Group Fires 750 in US

Wednesday, January 14, 2009

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ING Group Fires 750 in US

Dutch financial-services group ING Groep NV will cut 750 jobs in the US, or about 8% of the firm’s American headcount. The broad-based cuts will be complete by the end of Q1. The ING Group employs about 11,000 workers domestically. ING posted its first quarterly net loss in November, hammered by the economic meltdown. As home foreclosures [...]

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