COLUMBUS, Ga. AP - Synovus Financial Corp. plans to cut about 650 jobs over the next two years to save an estimated $50 million a year.The regional banking company also announced Wednesday that it is reducing its dividend this quarter from 17 cents per share to 6 cents, a savings of about $36 million, from $56 million.
September 11, 2008 at 12:00 AM
1 minute read
COLUMBUS, Ga. AP – Synovus Financial Corp. plans to cut about 650 jobs over the next two years to save an estimated $50 million a year.
The regional banking company also announced Wednesday that it is reducing its dividend this quarter from 17 cents per share to 6 cents, a savings of about $36 million, from $56 million.
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