JPMorgan Chase reduce about 500 technology and functions positions this 7 days, sources say

Essential Points

JPMorgan Chase slice about 500 positions this week, primarily amongst technological innovation and functions groups, in accordance to people today with know-how of the move.
The cuts have been spread across the New York-centered firm’s main divisions, explained the folks, who declined to be identified talking about personnel issues.
The dismissals come even as JPMorgan seeks to fill about 13,000 open positions, reported just one of the men and women.

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