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JPMorgan to cut up to 17,000 jobs by end of 2014

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NEW YORK (Reuters) – JPMorgan Chase & Co said on Tuesday that it plans to cut 17,000 jobs by the end of 2014, representing about 6.6 percent of the company’s overall workforce, as the bank sheds staff that helped it deal with bad home loans.

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Post Published: 27 February 2013
Found in section: Finance