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Company: Western Union Company (WU)
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edit WU makes cuts in business structure

Top Contributor: Jonathan J. Smith | Created when WU was $13.10 | Edit | History

WU layed off 200 employees, including 60 at its headquarters, due to being in a "challenging economic environment."

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edit Competitive threat from Electronically-based payment methods

Created when WU was $20.97 | Edit | History

The rising trend in Electronically-based payment methods could neutralize Western Union’s competitive advantages.

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edit Increased regulation of the money transfer industry

Created when WU was $20.97 | Edit | History

Increased regulation of the money transfer industry will cut into Western Union’s transaction volumes and ability to expand its agent network.

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