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Its been almost seven days when J.P Morgan had started removing their employees, informing that its one on the beginnings of several reductions in employees this year.
Almost a thousand employees of J.P Morgan got laid off in this February of 2025, according to Barron’s, which first reported the news.
These lay-offs are a regular part of the business management procedure of the company , a spokesperson said, adding that we still have job openings of more than 10,000 employees for designated positions. ” We continue to hire in many areas and work hard to redeploy impacted employees.”
