Following earlier cuts, San Antonio-based USAA axes 220 more jobs

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Layoffs,Financial Loss,Job Cuts

San Antonio-based financial services firm USAA is laying off another 220 employees, marking its sixth round of pink slips over the past two years, the Express-News reports.

San Antonio-based financial services firm USAA is laying off another 220 employees, marking its sixth round of pink slips over the past two years,

"USAA continues to hire, including approximately 2,900 jobs filled so far this year, but this reprioritization is necessary due to changing business needs," Public Relations Director Roger Wildermuth told theIn the past two years, USAA has jettisoned roughly 1,200 positions, affecting its IT, human resources, client-advising and business-continuation departments along with the mortgage unit of its USAA Federal Savings Bank, according to the daily.

Layoffs Financial Loss Job Cuts San Antonio Businesses

 

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