JP Morgan to dismiss 100 employees from asset management arm

Across the business globally

Tom Eckett
JP Morgan dismisses 100 employees from asset management arm

JP Morgan dismisses 100 employees from asset management arm

JP Morgan Chase is in the process of laying-off around 100 employees from its asset management division globally following a review of the business, according to sources familiar with the matter.

The changes represent around 1% to 2% of the arm, according to the Wall Street Journal, and will be seen across the business and in cities over the world. The move was spurred by an internal review...

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