gebahie
User ID: 29164786 United States 02/26/2013 10:06 AM
Report Abusive Post Report Copyright Violation | JPMorgan Chase to Slash $1 Billion in Costs; FIRE 4,000 employees JPMorgan Chase became the latest Wall Street firm to scale back in an uncertain economy, announcing plans Tuesday to save $1 billion through various costs cuts and about 4,000 job reductions. The bank, struggling to emerge from the shadow of a trading scandal known as the "London Whale" affair that dealt the firm ts biggest ever trading loss, also issued a stark warning about the rising costs of regulation. [ link to www.cnbc.com] |
Free Planet User ID: 20785537 United Kingdom 02/26/2013 10:14 AM Report Abusive Post Report Copyright Violation | Re: JPMorgan Chase to Slash $1 Billion in Costs; FIRE 4,000 employees The Workforce, it's the MAJOR ASSET (in terms of 'profitability') and the MAJOR OVERHEAD (in terms of 'cost').
Go figure, slaves.
:) |
insertfunnyusername
User ID: 33954516 Greece 02/26/2013 10:23 AM Report Abusive Post Report Copyright Violation | Re: JPMorgan Chase to Slash $1 Billion in Costs; FIRE 4,000 employees Banking giant Goldman Sachs (GS) is reportedly set to begin a new round of job cuts as early this week as Wall Street’s trading business continues to struggle. Goldman typically lets go of about 5% of its weakest-performing employees at around this time of the year. However, these job cuts are expected to be deeper in some businesses, Reuters reported. [ link to www.foxbusiness.com] |
Anonymous Coward User ID: 2662171 Poland 02/26/2013 10:47 AM Report Abusive Post Report Copyright Violation | Re: JPMorgan Chase to Slash $1 Billion in Costs; FIRE 4,000 employees "Too Big to Fail has become Too Big for Trial" |
Anonymous Coward User ID: 34837866 United States 02/26/2013 10:59 AM Report Abusive Post Report Copyright Violation | Re: JPMorgan Chase to Slash $1 Billion in Costs; FIRE 4,000 employees Yeh but Benny just said the recovery is on schedule ! |
Free Planet User ID: 20785537 United Kingdom 02/26/2013 11:15 AM Report Abusive Post Report Copyright Violation | Re: JPMorgan Chase to Slash $1 Billion in Costs; FIRE 4,000 employees |