Sunday, 28 May 2023


JPMorgan cut around 500 jobs this week

JPMorgan cut around 500 jobs this week - CNBC

© Reuters. FILE PHOTO: A view of the exterior of the JP Morgan Chase & Co. corporate headquarters in New York City May 20, 2015. REUTERS/Mike Segar

(Reuters) -JPMorgan Chase & Co cut around 500 jobs this week, mostly among technology and operations groups, CNBC reported on Friday, citing people with knowledge of the matter.

The bank did not immediately respond to a Reuters request for comment.

JPMorgan Chase (NYSE:) still has around 13,000 open positions, the report said, citing one of the people.

The bank had a headcount of 296,877 as of March 31, according to a regulatory filing.

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