BUSINESS BRIEFING / LENDERS
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TIMES STAFF AND WIRE REPORTS
Sallie Mae said it would bring 2,000 jobs to the U.S. within 18 months as it shifts call center and other operations from overseas.
The move marks somewhat of a turnaround for the private student lender, which two years ago was faced with the need to slash costs amid collapsing capital markets.
Sallie Mae quickly scuttled jobs overseas as part of a plan to save about $300 million over a 12-month period and began to look into returning those positions to the U.S.
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