Columbus-based Bread Financial laying off 500 employees ...Middle East

COLUMBUS, Ohio (WCMH) -- A credit card and banking company based in Columbus has announced it's terminating hundreds of positions, including a portion in Ohio. Bread Financial, headquartered at 3085 Loyalty Circle, confirmed Wednesday afternoon that the move was a result of outsourcing work. While the total workers affected include 500 nationwide, a representative noted around 130 employees in-state will lose their jobs. "We have made the difficult but necessary decision to transition more of our customer service roles to existing global customer servicing partners," said Rachel Stultz, senior director of corporate affairs for Bread. "Bread Financial’s business is strong, and this dec

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