First Niagara's (FNFG) laying off of 180 employees (out of 6K total) doesn't necessarily...

|About: First Niagara Financial ... (FNFG)|By:, SA News Editor

First Niagara's (FNFG) laying off of 180 employees (out of 6K total) doesn't necessarily mean a BofA-like cost-cutting pullback, as the bank is replacing 50 of those positions elsewhere in the company, and is actively recruiting for more than 250 open positions.