Sovereign Bancorp cutting 1,000 jobs

Full story: InYork
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. Full Story
ustaxpayer

United States

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

Willow Street, 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.

Tell me when this thread is updated:

Subscribe Now Add to my Tracker

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Sovereign Bancorp Discussions

Title Updated Last By Comments
Joseph Campanelli replaces Mark Hammond as pres... (Nov '09) Nov '09 KCBoston 1
Sovereign Bank Cutting 950 Jobs: Almost 9 perce... (May '09) Jul '09 Rob 14
SOVEREIGN BANK TO CUT 1,000 JOBS : WFMZ-TV 69News (Dec '08) Dec '08 Bernie Made Off 20
Sovereign Bancorp cutting 1,000 jobs (Dec '08) Dec '08 David 14
Fed Approves Sale of Sovereign to Spanish Bank ... (Dec '08) Dec '08 Viva Christo Rey 9
Will Sovereign Bank Stadium in York get a new n... (Oct '08) Oct '08 John Waynes Horse 3
Sovereign Bancorp confirms it is in advanced bu... (Oct '08) Oct '08 Kilgore Trout 3

Sovereign Bancorp People Search

Addresses and phone numbers for FREE