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JPMorgan to cut 9200 WaMu jobs http://www.EmploymentCrossing.com
JPMorgan Chase (More) http://www.EmploymentCrossing.com
JPMorgan Chase will cut a total of 9,200 jobs at Washington Mutual, which it acquired in September after WaMu became the nation's largest bank to fail amid the ongoing credit crisis.
JPMorgan says 4,000 redundant positions will be cut by the end of January. The remaining 5,200 employees will remain with JPMorgan through a transition period, but will lose their positions by the end of 2009.
Those 5,200 employees who stay on as transition workers will receive double their salary retroactive to October 1st until their last day on the job, and be entitled to severance packages.
Washington Mutual had about 42,000 employees nationwide when JPMorgan took over the bank.
Shares of JPMorgan fell $5.54, or 17.5 percent, to $26.12 in Monday trading. (Less)
Wall Street Opens Flat as Wells Fargo, JPMorgan… U.S. stocks opened flat on Friday as investors (More) U.S. stocks opened flat on Friday as investors processed results from JPMorgan and Wells Fargo.Shares of JPMorgan Chase (JPM.N) and Wells Fargo & Co (WFC.N) both fell after their results, even though JPMorgan posted record profits. Wells Fargo dropped 4 percent to $33.77 while JPMorgan was off 1.8 percent at $41.33.A survey released showed consumer sentiment unexpectedly rose in October to its highest level in five years as optimism about the overall economy improved. (Less)
Nomura JPMorgan Chase scribd.com ext: .pdf 1 KB date: 2012-01-31
Source title: nomura - jpmorgan chase
www.scribd.com
Catherine JPN PS3 JPMORGAN megashares.com ext: .rar parts: 5 8 GB date: 2011-07-16
Source title: final4ever forums - view single post - catherine_jpn_ps3-jpmorgan
www.final4ever.com
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