NEW YORK (Reuters) - Countrywide Financial Corp, the largest U.S. mortgage lender, said on Friday it plans to cut 10,000 to 12,000 jobs to cope with weak housing demand, rising foreclosures and tightening credit markets.
The cuts, which amount to as much as 20 percent of the lender's work force, will be completed over the next three months and include reductions already made, Countrywide said.
