I first thought it was a misprint and was 1200 jobs but nope, it’s 12k and i’ve heard there are more to come if conditions worsen and we all know what’s ahead of us…

all I can say at this point is WOW!

On a positive note, Countrywide is doing the right thing by aligning themselves to the market so at least they will not go out of business! I feel if they need to cut 60% of their workforce to reflect market conditions then they will!