Layoffs Watch '09: JPMorgan

From the front lines: "JPM is breaking up F.A.S.T. MDs & EDs bearing the brunt of the layoffs while most VPs and below are being placed elsewhere in the bank."
Update: Seemingly confirmed from the inside. www.jpmorgan.com/pages/jpmorgan/investbk/solutions/fixedincome/rate/fast as of 3:45:

And now: