Americans owing record credit card debt are carrying debt for longer
Will the potential federal interest rate cuts help Americans unload credit card debt in the second half of 2024?
Scripps News
Columbus-based financial services company Bread Financial said Thursday that it is cutting 500 customer service jobs, including about 130 in central Ohio.
“Bread Financial’s business is strong, and this decision was made to ensure we can continue to successfully and efficiently meet the demands of our evolving business and customer preferences, including increased digital self-servicing, which lessens demand for customer service agent support,” the company said in a statement. “We are offering our impacted associates severance pay and outplacement support to aid them during this process.”
Bread, formerly known as Alliance Data, said the affected workers were notified Tuesday. They were given a 60-day notice.
After the cuts, the company will have about 6,500 employees, including 2,870 in central Ohio.
The company manages private-label and co-brand credit card programs for partners and offers other banking and financial education resources.
mawilliams@dispatch.com
@BizMarkWilliams
Tech companies have revealed plans to jettison hundreds more Bay Area workers in an unsett
Looking for a tech job? The internet can help. There are many websites with tech job listings, including remote and on-site roles. Angel.co is great for st
For the second month in a row, unemployment has dropped in both Vermilion County and Danville. Vermilion County’s numbers show the unemployment rate
Baxter International’s kidney care business is planning to locate a $41 million research and development center in Golden Valley, which is expected to create