Centrix Announces Second Round OfLay-Offs

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DENVER - (11/21/05) -- Subprime auto lender CentrixFinancial on Friday announced a second round of lay-offs in twomonths, this one trimming 100 positions. The company has seen itsbusiness decline in recent months, due mainly to regulatoryconcerns expressed by NCUA over additional risk posed by subprimeauto loans. The privately held company laid off 150 workers inSeptember and now employs 1,100 people.

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