Layoffs Watch '08: JPMorgan

Pink slips are being issued at venerable NY bank

By Bess Levin
|  Thursday, Jan 7, 2010  |  Updated 6:11 PM EDT
View Comments (
)
|
Email
|
Print
Layoffs Watch '08: JPMorgan

Getty Images

JP Morgan is culling jobs this week as the financial crisis continues.

advertisement

Cuts at Bearpont Morgan Mutual started late yesterday in equities and are continuing today with research being hit particularly hard. Sales and trading are supposedly being shown the door circa now. Apparently "at least" ten to fifteen percent of IB is expected to be affected, with deeper cuts in certain groups.

Recent stories on Dealbreaker:


For more stories from Dealbreaker, visit Dealbreaker.com.

Get the latest headlines sent to your inbox!
View Comments (
)
|
Email
|
Print
Leave Comments
Join the Ride to Conquer Cancer
Join the Ride To Conquer Cancer, Sept. 13 Read more
Follow Us
Sign up to receive news and updates that matter to you.
Send Us Your Story Tips
Check Out