JPMorgan lays off about 1,000 former First Republic employees
JPMorgan Chase & Co. laid off about 1,000 former First Republic Bank employees Thursday, weeks after its takeover of the failed lender. The bank said about 85% of the former First Republic’s roughly 7,200 employees received full-time or transitional roles with JPMorgan. JPMorgan JPM, said it had…
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