JPMorgan To Slash 12,000 Jobs

JPMorgan Chase has announced that it will slash some 12,000 jobs as a result of its takeover of Washington Mutual.

  • 26 Feb 2009
JPMorgan Chase has announced that it will slash some 12,000 jobs as a result of its takeover of Washington Mutual. JPMorgan expects to save roughly $1.35 billion this year from the elimination of the positions. Overall, the bank said it expects to see a total net savings of ...

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