Layoffs Watch '09: JPMorgan
From the front lines at the House of Dimon: "JPM laid off most of its North American CLO team on Wednesday (or what was left of it)."
From the front lines at the House of Dimon: "JPM laid off most of its North American CLO team on Wednesday (or what was left of it)."
The House o' Dimon has said to be letting some people down gently today. "Big equities cuts today at JPM. 10% ish of floor? Gone. A good deal of senior people but a smattering of associates and analysts as well. Seems like a general restructuring, every group affected."