Managers at JPMorgan Chase started to notify employees of job cuts last week, people familiar with the matter said, as part of a series of layoffs the bank plans to make throughout 2025.

(Reuters) -JPMorgan Chase started informing some employees of job cuts last week, a source familiar with the matter told Reuters on Wednesday, as it begins one of several planned reductions ... first ...

The layoffs are expected to go into effect in May, according to a WARN notice with the New Jersey Department of Labor. JPMorgan Chase — considered the nation’s largest bank — had plans to ...

Morgan Stanley is preparing to lay off about 2,000 employees this month to cut costs, according to a Tuesday Bloomberg report ...