Banks Cut Over 2,000 Jobs
Posted on November 8, 2009
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U.S. Bank plans to layoff more than 1,000 employees in Southern California during the second half of 2009, according to an analysis by MortgageDaily.com of Worker Adjustment and Retraining Notification filings. JPMorgan Chase & Co. and its subsidiaries laid off more than 400 California employees during the third quarter. Nearly 600 more California layoffs are planned by Chase during the fourth quarter.
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