JPMorgan Chase Earns ‘Biggest Job-Cutter’ Title

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Mani
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JPMorgan Chase & Co (NYSE:JPM) earned the dubious distinction of the most job cutter title so far in 2013, heading a list of top 10 publicly-traded U.S. companies. According to a list compiled by Marketwatch, the nation’s largest bank heads the list of top 10 American companies cutting the most jobs. J.C. Penney Company, Inc. (NYSE:JCP), International Business Machines Corp. (NYSE:IBM), The Boeing Company (NYSE:BA), and American Express Company (NYSE:AXP) occupy the other four among the top five positions. JPMorgan Chase plans to lay Off 19,000 Jobs With customers increasingly showing preference to use self-service technologies, JPMorgan Chase announced its plans to trim…

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Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports