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Thursday, October 05, 2006

WAMU to cut 140 at Lynnwood Loan Centers

The Everett Herald reports that Washington Mutual is cutting 140 processing jobs in Lynnwood (Home Loan Center I presume). Evidently the majority are in processing and the company expects to move some of the operation overseas.

"More reductions are possible," said Tim McGarry, vice president of corporate public relations. "It is true that there may be more in the future."

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