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JPMorgan Chase cutting hundreds more Ohio jobs



Published: Tue, September 24, 2013 @ 11:05 a.m.

COLUMBUS (AP) — JPMorgan Chase & Co. will cut about 440 jobs in the next three months, mostly at its central Ohio offices in the suburbs north of Columbus.

The announcement comes weeks after the bank announced 300 cuts. Like other banks, it says fewer employees are needed to handle mortgage services as that market has changed.

The Columbus Dispatch reports most of the workers affected by the latest round of cuts can apply for the company’s roughly 600 job openings in the Columbus area. The bank isn’t yet sure how many of the workers affected by last month’s cuts have new jobs with the company.

Chase is a large employer in central Ohio, where it has almost 20,000 workers. It announced last spring that it’s adding about 500 jobs in Dublin.


Comments

1AnotherAverageCitizen(1175 comments)posted 1 year ago

Its too bad nobody will post on these job loses. NO UNION to blame.

I am sure the worker thugs who have family/friends in the company will be able to keep their positions.

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2redeye1(4559 comments)posted 1 year ago

AAC This shut down has to due with the OBAMMYCARE plan going into effect next month. This is only the beginning of lays-offs throughout the country. I heard that many companies are either laying off or giving their employees 30 to 32 hrs week so they don't have to pay them as full timers. That way they don't have to provide them with insurance benefits

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