LayoffBlog.com

December 1, 2008

JPMorgan Chase to cut 9,200 WaMu jobs

According to CNN: “JPMorgan Chase said Monday it plans to lay off 9,200 employees at Washington Mutual, the failed savings and loan that the New York City-based banking giant bought in September.

Once the largest savings and loan in the country, Seattle-based WaMu collapsed due to bad bets on mortgages, resulting in the largest bank failure in U.S. history.”

1 Comment »

  1. […] JPMorgan Chase to cut 9200 WaMu jobs « LayoffBlog.com […]

    Pingback by JPMorgan Chase to cut 9200 WaMu jobs « LayoffBlog.com | Baltimorer.com — December 1, 2008 @ 9:55 pm | Reply


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