JPMorgan Chase begins planned layoffs for 2025, source says | Honolulu Star-Advertiser
- JPMorgan Chase has started laying off under 1,000 employees, as reported by Barron's.
- The layoffs affecting employees occurred in Houston offices, with notifications on February 5, according to Barron's.
- JPMorgan Chase reported a substantial net income of $14 billion for the fourth quarter of 2024, marking a 50% increase year-over-year.
- Further layoffs are planned for March, May, June, August, and September; the number of roles affected is unclear, as stated by Barron's.
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Total News Sources11
Leaning Left0Leaning Right4Center1Last UpdatedBias Distribution80% Right
Bias Distribution
- 80% of the sources lean Right
80% Right
C 20%
R 80%
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