Jpmorgan to cut up to 17,000 jobs by end of 2014
JPMorgan Chase & Co said on Tuesday that it plans to cut 17,000 jobs by the end of 2014, representing about 6.6% of the company's overall workforce, as the bank sheds staff that helped it deal with bad home loans.
JP Morgan Chase told investors Thursday that it will cut 14,000 jobs, up from a previously announced 9,200 in December.