Ally cutting jobs

CHARLOTTE — Ally Financial Inc. (NYSE: ALLY) is reducing its workforce by several hundred positions, a move that comes after the bank said it is exiting a key business and looking at alternatives for another unit.

The layoffs will impact nearly 5% of its 11,000 employees, including in Charlotte, confirmed Ally spokesperson Peter Gilchrist. Approximately 2,400 of the Detroit-based digital bank’s employees are based here.

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