Sovereign Bancorp cutting 1,000 jobs

Sovereign Bancorp cutting 1,000 jobs

There are 2 comments on the InYork story from Dec 19, 2008, titled Sovereign Bancorp cutting 1,000 jobs. In it, InYork reports that:

PHILADELPHIA -- Sovereign Bank, the banking unit of Sovereign Bancorp Inc., said Friday it is cutting 1,000 jobs, or 8.3 percent of its work force, in an effort to reduce costs amid the economic downturn.

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United States

#1 Dec 20, 2008
The Pullo legacy. So much for our local banks. Gone, forgotten, out of business.

Reinholds, PA

#2 Dec 22, 2008
I'm an ex-Yfed'er myself. I prefer to blame Angelo, he's the one that really ran it into the ground.

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