Capital One to Cut 950 Jobs in Plano With Closing of Home Loan Business, Call Center

Banking and financial services company Capital One announced Tuesday that it will lay off about 950 people in Plano, as it exits the mortgage and home equity business and closes a call center.

The McLean, Va.-based company has businesses across the financial universe, from credit cards to checking and savings accounts. Two of its businesses - auto finance and mortgage and home equity - are based in Plano.

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