Layoffs Watch '08: JPMorgan - NBC New York

Layoffs Watch '08: JPMorgan

Pink slips are being issued at venerable NY bank

    Winter Olympics PyeongChang 2018 Medal Count
    Country
    Total
    1
    Norway
    14141139
    2
    Germany
    1410731
    3
    Canada
    1181029
    processing...

    NEWSLETTERS

    Layoffs Watch '08: JPMorgan
    Getty Images
    JP Morgan is culling jobs this week as the financial crisis continues.

    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.