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JPMorgan lays off hundreds of mortgage employees: Report
short by Ambarish Awale / on Thursday, 9 February, 2023
JPMorgan Chase & Co has cut hundreds of mortgage employees, Reuters reported. The job cuts came hours after the firm said it plans to hire more than 500 bankers catering to small businesses through 2024, boosting the bank's workforce targeting the segment by 20%. JPMorgan CEO Jamie Dimon had said the outlook for hiring remains up at the bank.
read more at Reuters