BRIEF-Student Loan Corp cuts jobs

Date : 12/05/2008 @ 9:21AM
Source : TFN
Stock : Student Loan Corporation (STU)
Quote : 45.12  0.22 (0.49%) @ 5:00PM
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BRIEF-Student Loan Corp cuts jobs

        Dec 5 (Reuters) - Student Loan Corp: 
    * The Student Loan Corporation streamlines business operations to sustain 
      market leadership 
    * Says total of 91 positions will be affected 
    * Says job cut including 69 positions at slc and 22 positions at citibank 
      (south dakota) na that directly support slc 
    * Cites higher funding costs resulting from continued disruption in the
capital 
      markets 
     ((Bangalore Equities Newsroom; +91 80 4135 5800; within U.S. +1 646 223
8780)) 
     
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