According to MarketWatch: “The head of J.P. Morgan Chase‘s (JPM) retail banking operations said Thursday that the firm plans to trim 12,000 jobs from the headcount of Washington Mutual employees.”
Update (2-26-2009): Updated California WARN listing for J.P. Morgan (PDF document), Jul – Dec 2009 layoffs schedule
Update 2 (2-27-2009): JPMorgan Chase & Co. told investors Thursday that it will cut 14,000 jobs, up from a previously announced 9,200 in December, according to Dayton Business Journal
According to WARN filing with WA Employment Security Department, Washington Mutual is scheduled to lay off 3,400 workers in Seattle starting 1/31/2009
Other notable layoffs include Kenworth Trucking (430 employees, starting 1/16/09) and Hunter Douglas (166 employees, starting 2/2/09). American Airlines to lay off 1.
According to Jacksonville Business Journal:”About 250 Jacksonville jobs from JPMorgan Chase and Washington Mutual Inc. will be eliminated as a result of JPMorgan’s acquisition of Washington Mutual in September.
About 2,500 employees will continue to work at the combined mortgage banking operations, said JPMorgan Chase spokeswoman Nancy Norris. JBMorgan Chase announced Monday the elimination of about 9,000 Washington Mutual positions across the country as it consolidates operations following the takeover of the failing mortgage lender.”
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.”
According to InsideBayArea.com: “About 1,600 Washington Mutual employees in the Bay Area — including 1,200 in Pleasanton — will lose their jobs in the coming months, a harsh economic fallout unleashed by JPMorgan Chase’s purchase of Washington Mutual this year.“
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