JPMorgan Chase & Co is cutting about 500 employees this week across its various departments, according to a person familiar with the situation who asked not to be identified discussing personnel matters. Updated ago A view of the exterior of the JP Morgan Chase & Co. corporate headquarters in New York City May 20, 2015. REUTERS/Mike Segar May 26 (Reuters) – JPMorgan Chase & Co (JPM.
N) is cutting about 500 employees this week across its various departments, according to a person familiar with the situation who asked not to be identified discussing personnel matters.
The layoffs will affect employees across the bank’s main businesses — consumer, commercial banking, asset and wealth management — as well as technology and operations, the source said. JPMorgan is the largest U.S. lender.
There are more than 13,000 current job openings at the bank, the source added. JPMorgan declined to comment. nearly 1,000 First Republic Bank employees after acquiring the failed bank earlier this month. First Republic became the largest U.S. lender to fail since 2008 after it was seized by regulators and sold to JPMorgan in early May. headtopics.com
JPMorgan’s workforce stood at 296,877 at the end of the first quarter, up 8% from a year earlier, according to a filing.
Read more:
Reuters »
US debt ceiling talks struggle before deadline as ‘major issues’ remain
Democratic and Republican negotiators struggled on Friday to reach a deal to raise the U.S. government’s $31.4 trillion debt ceiling, as they remained at odds over whether to stiffen work requirements for some anti-poverty programs. Read more >>
Hennessey VelociRaptor 500 Ranger takes matters to 500 hp and 550 lb-ft – AutoblogHennessey announces the 2024 VelociRaptor 500 Ranger, built atop the new Ford Ranger Raptor. It upgrades the TT V6 to 500 hp and 550 lb-ft.
JPMorgan reportedly slashed close to 500 tech jobs this weekThe moves comes as JPMorgan Chase axes employees of First Republic Bank, which it recently acquired.
JPMorgan cutting about 500 jobs this week -sourceJPMorgan Chase & Co is cutting about 500 employees this week across its various departments, according to a person familiar with the situation who asked not to be identified discussing personnel matters.
JPMorgan is cutting about 500 jobs | CNN BusinessJPMorgan Chase is letting go of about 500 employees this week across the bank, a spokesperson confirmed to CNN on Friday.
Stefan Wilson recovering from surgery after Indy 500 practice crashStefan Wilson is healing from surgery on a fractured vertebrae suffered during practice. Team owner Don Cusick said Wilson woke up from anesthesia and told his surgeon he was dreaming of running qualifying laps.
Indy 500 Qualifier Agustin Canapino Carrying the Hopes of ArgentinaJuncos-Hollinger Racing IndyCar rookie is just the third driver from Argentina to qualify for the Indianapolis 500.
