Spring 2023 Layoff Tracker: JPMorgan Cuts 1,000 First Republic Employees

Spring 2023 Layoff Tracker: JPMorgan Cuts 1,000 First Republic Employees

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JPMorgan Chase laid off roughly 1,000 employees from failed lender First Republic, three weeks after JPMorgan—the country’s biggest bank—acquired the collapsed regional bank, marking the latest in a round of layoffs this spring as recession fears and high inflation continue to push employers to…

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