J.p. Morgan Chase Expected To Lay Off More Than 5,000 By Next Year

[k2s]

J.P. Morgan Chase & Co. has begun layoffs that are expected to total more than 5,000 by next year, people familiar with the matter said.

This latest phase of cuts started earlier this year and would eliminate at least 2% of the bank’s workforce over the next year.

The moves come as the nation’s largest bank overhauls its 5,570 branches to rely more on technology and less on human tellers. Chairman and Chief Executive James Dimon said Wednesday that the average J.P. Morgan Chase branch would lose one employee over the next two years, mostly through attrition.

The layoffs on the other hand are more broad-based, affecting all four of the bank’s major business units: corporate and investment banking, consumer and community banking, asset management and commercial banking.

An expanded version of this report appears at WSJ.com.

[sandie]

Yep... last year Aug lo kuda chaala layoffs ayyinei

[koncham2]

aa client lo already worked..  contracters ni robbers ga chustharu

 

if possible.. ignore this anta

[kiran karthik]

globally?

 

ippudu nenu JP ke move avudamani plan

[k2s]

aa client lo already worked..  contracters ni robbers ga chustharu

 

if possible.. ignore this anta

very bad

[xxxmen]

ani organizations lo common a ga e lepudu

 

[TelugoduNenu]

Yep... last year Aug lo kuda chaala layoffs ayyinei

Meeru baaga follow avutare!!

[koncham2]

very bad

 

motion baa 

[texas]

no layoffs man..inka hire chesthunnaru contractors ni ful ga

[koncham2]

no layoffs man..inka hire chesthunnaru contractors ni ful ga

 

[sandie]

Meeru baaga follow avutare!!

 

friend FT akkada.. ala thelusu

[texas]

friend FT akkada.. ala thelusu

ok

[TelugoduNenu]

friend FT akkada.. ala thelusu

Meeru super andi

[TelugoduNenu]

no layoffs man..inka hire chesthunnaru contractors ni ful ga

Lepaniki janalu undali kada

[sandie]

no layoffs man..inka hire chesthunnaru contractors ni ful ga

 

Fters ni emoo Layoff