JPMorgan is cutting about 500 jobs

JPMorgan Chase is letting go of about 500 employees this week across the bank, a spokesperson confirmed to CNN on Friday.
The layoffs, first reported by CNBC, are taking place company-wide but will focus mostly on technology and operations, JPMorgan said.
A JPMorgan spokesperson said the company regularly reviews its business and customer needs and continues to hire in other…

This story appeared on, 2023-05-26.
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