Advertising

The Seattle Times Company

NWjobs | NWautos | NWhomes | NWsource | Free Classifieds | seattletimes.com

The Seattle Times

Local News


Our network sites seattletimes.com | Advanced

Thursday, June 19, 2008 - Page updated at 12:26 PM

E-mail article     Print view      Share:    Digg     Newsvine

Washington Mutual cuts 1,200 jobs

Washington Mutual Corp. is cutting 1,200 jobs nationwide.

SEATTLE —

Washington Mutual Corp. is cutting 1,200 jobs nationwide.

The country's largest thrift, hit hard by turmoil in the mortgage and credit markets, said Thursday that some layoffs will be in its home loan business. Home loans workers at WaMu have been the target of recent layoffs as the company has stopped offering subprime mortgages and other risky loans.

WaMu says eligible laid off employees who don't find other jobs inside the company will receive severance and job placement assistance.

Copyright © 2008 The Seattle Times Company

Arson suspect has long history of setting fires

Band of advocates, activists now McGinn's likely insiders

Light rail to airport to begin Dec. 19

Kirkland annex 'yes' could be slipping away

Licata looks at boosting traffic-ticket revenue

Advertising

This feature requires Flash 7.

Download Flash

Top video | World | Science / Tech | Entertainment

Marketplace

nwautos

2009's most fuel-efficient sedansnew
Choosing a new sedan? Weigh the impact of your choice on your wallet and on the planet.
Post a comment

Open Houses

Find this weekend's open house listings.
Or search by location:
Advertising