First National cutting 350 jobs
BY STEVE JORDON
WORLD-HERALD STAFF WRITER

First National of Nebraska is letting 350 of its 6,500 employees go to reduce costs in the face of a declining economy.

They are the first major job cuts in modern times for the state's largest locally owned financial institution.
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About 100 are at an Atlanta credit card service center or other locations outside Nebraska.
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"I think we reflect what's happening on a national basis," O'Neill said. "We're looking at any area that we think does not affect the customer. We're going to try to become more efficient.

"It's a tough time right now. The forecast of the economy that we listened to last fall did not look very promising, and we really wanted to prepare for ¤'09."

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