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JPMorgan Cutting 9,200 WaMu Jobs
Dec 01, 2008JPMorgan Chase & Co. [stock JPM][/stock] said Monday after market close that it will cut 9,200 jobs at recently-acquired Washington Mutual. News of the cuts, reported by both Reuters and the Associated Press, mean that more than 20 percent of WaMu’s current workforce will lose their jobs by the end of next year; a company spokesperson said roughly 4,000 jobs will be cut by the end of January, with the rest coming before the end of 2009.
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HSBC Exits Correspondent, Wholesale Lending
Nov 20, 2008 -
Citi Plans Deep Layoffs; Likely Not Alone, Sources Say
Nov 17, 2008 -
The Goldman Effect: No Bonuses?
Nov 17, 2008 -
JP Morgan’s Loan Mod Program Prevents 250,000 Foreclosures
Nov 07, 2008 -
MBIA Posts Q3 Loss, Builds Loss Reserves
Nov 05, 2008 -
2009 Looks to be Rough Sledding, Some Banks Project
Nov 04, 2008 -
Waxman Questions Use of TARP Funds
Oct 29, 2008 -
Goldman Looks to Cut 10 Percent of Workforce: Report
Oct 23, 2008
