: JP Morgan laid off another 500 tech, ops workers this week: report


JP Morgan Chase & Co. JPM, +0.94% laid off about 500 workers this week, mostly in tech and operations, according to a report Friday. CNBC reported the cuts were spread across all divisions. Globally, the bank employs more than 296,000 workers at last check. In the meantime, JP Morgan Chase has about 13,000 open positions it has yet to fill, according to the report. Late Thursday, JP Morgan Chase laid off about 1,000 former First Republic Bank employees. Shares of the bank’s stock has been steadily climbing all day, and were last up 1.3%.

This article was originally published by Marketwatch.com. Read the original article here.

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