Industry News

Cendant to slash $50M in costs through real estate office closures

Company provides few details about cost-cutting plans at NRT
Published on Feb 14, 2006

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by CareyBot

Cendant Corp. plans to cut costs at real estate brokerage company NRT Inc. by about $50 million this year through a cost-cutting strategy that includes office closures, Cendant chairman and CEO Henry Silverman said today during an earnings presentation. “To ...