Thread regarding JPMorgan Chase & Co. layoffs

JPMorgan Laying Off Around 100 Employees in Asset-Management Business

Thanks Jamie Dimond! the tax scam worked!!

JP Morgan asset management layoffs account for 1% to 2% of division,

JPMorgan Chase & Co. is in the process of laying off around 100 employees in its asset-management division as the bank makes staffing adjustments amid market shifts, Anf guess what, "all American Jobs", while the APAC teams continue hiring.

Bloomberg reported last month that the asset management division saw deteriorating credit quality in U.S. leveraged loans. Still, JPMorgan’s asset-management revenue climbed 4 percent in the first half to $3.61 billion

by Anonymous
| 2911 views | | 5 replies (last ) | Reply
Post ID: @OP+UM1EvVk
Comment! It's anonymous!

5 replies (most recent on top)

Does JP Morgan transfer its Indian employees to the USA? I noticed an increase lately

by Anonymous
| | Reply
Post ID: @ensu+UM1EvVk

.....and no Indian jobs were lost. Thanks GOD!

by Anonymous
| | Reply
Post ID: @7muv+UM1EvVk

These follow layoffs in its fixed income, administration and sales units, and job cuts are also expected in the bank’s equity group. The cuts are the result of “staffing adjustments to APAC teams, amid market shifts, "that was the excuse"

by Anonymous
| | Reply
Post ID: @1mjs+UM1EvVk

They have to pay the American airline executives family 4 billion for their wrong doing which I believe this is the tip of the iceberg of their wrong doing with other large accounts.

by Heir
| | Reply
Post ID: @1obs+UM1EvVk

they have to pay $65 million to settle CFTC charges that the bank tried to manipulate the U.S. Dollar International Swaps and Derivatives Association Fix, a global benchmark used in a range of interest-rate products, to benefit its derivatives positions. our jobs are the most sensible way to offset loses,

by Anonymous
| | Reply
Post ID: @erl+UM1EvVk

Post a reply

: