JPMorgan Cancels Christmas, Drops Hint Employees Should Put Something Together Out Of Their Own Pockets

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JPM just gave its holiday party the ax, at least for the investment bank, and most likely for everyone. Apparently the reason cited for canceling the one thing its employees look forward to all year, which was to take place in the cafeteria of 270 Park, was that "it makes sense to forgo any year-end celebrations that aren't self-funded until market conditions turn around."

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