First Data Lays Off 1,000 Workers

Published on:
12 September 2006 at 10:20 a.m. ET

Written by: Unknown Author –

http://www.insidearm.com/news/00013529-first-data-lays-off-1000-workers/

First Data Corp., parent company of the money transfer service Western Union, laid off 1,000 workers Friday, or about 3 percent of its work force.

The credit card transaction services company said it would take a restructuring charge of about 5 cents a share in the fourth-quarter as a result of the job cuts, which were effective immediately.

For this complete story, please visit http://biz.yahoo.com/ap/051216/first_data_layoffs.html?.v=2.

First Data Lays Off 1,000 Workers

Unknown Author

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