JPMorgan Chase, the American multinational services company headquartered in New York, is implementing workforce reductions as part of its routine business evaluations. Approximately 500 employees are being laid off as a result. A spokesperson from the banking company confirmed that the initial reports about job cuts at the financial institution are accurate. The spokesperson stated that the layoffs primarily target the technology and operations divisions of the company. These job reductions are a result of the bank's continuous efforts to
First Citizens sues HSBC for hiring away Silicon Valley Bank staff
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Factbox-First Citizens BancShares, Buyer of Flailing Rivals
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