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JPMorgan slashes 1000 jobs at First Republic Bank.

1 min read
Source: Financial Times
TL;DR

JPMorgan is set to cut around 1,000 jobs at First Republic Bank, which it acquired in 2020. The layoffs will primarily affect support staff and back-office roles, with the aim of reducing costs and streamlining operations.

Topics:business#banking#business#employees#first-republic#jpmorgan#layoffs
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  1. JPMorgan to cut 1000 First Republic employees  Financial Times
  2. First Republic hit with 1,000 job cuts after California bank was seized and sold to JPMorgan  SFGATE
  3. JPMorgan is cutting about 1,000 First Republic Bank employees  CNN
  4. JPMorgan Cuts 1000 First Republic Staffers  Bloomberg Television
  5. First Republic: 1,000 jobs cut by new owner JP Morgan  BBC

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