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GMAC to cut 5 000 jobs at ResCap mortgage unit Muzi
NEW YORK (Reuters) - GMAC LLC, the auto finance and mortgage company, plans to eliminate about 5,000 jobs at its Residential Capital LLC unit and close all 200 GMAC Mortgage retail offices to combat weak housing and credit markets.
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Yahoo: World: GMAC to cut 5 000 jobs at ResCap mortgage unit Muzi
Date Listed : Thursday, September 04, 2008
Source : Yahoo World, Yahoo! News: World News
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