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JPMorgan may cut 4,000 jobs on Bear deal and markets (Reuters)

Started by riky, May 14, 2008, 01:21:42 AM

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riky

JPMorgan may cut 4,000 jobs on Bear deal and markets
    (Reuters)

 


Reuters - JPMorgan Chase & Co  could cut
as many as 4,000 of its own employees worldwide as the bank
prepares to take on staff from Bear Stearns Cos  at the
same time it deals with turmoil in financial markets, people
familiar with the situation said on Tuesday.


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