Industry News

H&R Block cutting another 575 jobs at Option One

Sale of mortgage lending unit to Cerberus in jeopardy
Published on Sep 12, 2007

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by CareyBot

H&R Block Inc. announced Tuesday it will lay off 575 workers from its Option One Mortgage subsidiary as it continues an attempt to salvage the sale of the business to Cerberus Capital Management L.P. The layoffs, which are in addition ...