DETROIT–Ally Financial has announced its second round of job cuts in 2025.
The digital-only bank said the layoffs will affect about 2% of its workforce, spokesperson Peter Gilchrist told The Charlotte Observer.
Ally has about 10,000 employees nationwide, with around 2,200 workers in Charlotte. Gilchrist declined to say to what extent Charlotte employees could be impacted, the publication reported.
However, Gilchrist told the Observer that most of the affected positions were at the manager-level or above.
‘Difficult Decision’
“To better align our organizational structure to our more focused, simplified business model, we made the difficult decision to selectively reduce our workforce in some areas,” he said in a statement.
Those affected will receive a full salary and benefits for the rest of year, along with separation packages that include career counseling.
Ally Financial also announced job cuts in January of this year.
Ally reported its third-quarter earnings revenue was $2.2 billion, up 3% compared to the same time last year.
