How many employees may be fired in the J P Morgan layoffs?
There could be around 14000 layoffs by the J P Morgan organization. This will be much higher than the 9200 job cuts declared by the company in December. The worse news is that JP Morgan has mentioned that this number may rise further if the economic condition deteriorates further. What is the total no. of employees of J P Morgan? Total No. of employees of J P Morgan is around 28,000 as of now. Which locations will be affected by the J P Morgan Job Cuts? It is learnt that the layoffs may be on a global basis and location wise details are not available. WHich business segments of JP Morgan will be affected in the layoffs Technology and infrastructure will be majorly hit. 12,000 jobs will be cut as a result of Washington Mutual Integration and another 2000 jobs will go in investment banking. When will the J P Morgan layoffs happen? THough there are no confirm dates about when the layoffs will be made, but it is learnt that they will be done as soon as possible. How much savings can be mad