Huntington cuts jobs, bonus

Huntington announced 500 layoffs and bonus cuts as part of a cost-cutting effort. Officials announced it cut 2008 bonuses and other incentive programs for all employees, along with 500 job cuts to save $100 million, NBC 4 reported.

The positions, approximately four percent of its workforce, will be cut across six states by March 1. Officials said it was too early to tell what positions and what states would be affected.