Thursday, July 14, 2011

Everyone At JPMorgan Just Breathed A Huge Sigh Of Relief

BusinessInsider reports that Jamie Dimon just told listeners on his quarterly earnings call that JPMorgan won't have any large scale jobs cuts in the coming months.

It's amazing for two reasons: One: almost every other bank is cutting thousands of jobs right now. UBS is cutting 5K. Morgan Stanley is going to cut thousands…

Read more at
http://www.businessinsider.com/jamie-dimon-no-job-cuts-coming-at-jpmorgan-2011-7

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