2 Responses to Countrywide to cut up to 12,000 jobs.

  1. reader Sun, Sep 09, 2007 at 12:05 am #

    ‘”Each employee at Countrywide is considered an important member of the Countrywide family,” said David Sambol, President and Chief Operating Officer.’

    Unfortunately 1 in 5 of the ‘family members’ are being kicked to the curb as he speaks. I am sure this is a perfect opportunity for Countrywide to clean house of its older employees, minorities and other no longer desirable ‘family members’.

  2. Bob Morris Sun, Sep 09, 2007 at 9:37 am #

    The CEO of Countrywide has rewarded himself with over $500 million in stock, I believe.