JPMorgan to Axe 9,200 Washington Mutual Jobs (mostly in Seattle and SanFran)

[w¡n9Nµ7 §£@¥€r 123]

JPMorgan Chase said Monday it will eliminate about 9,200 jobs at the former Washington Mutual, which on Sept. 25 became the largest U.S. bank to fail.

The cuts amount to more than 21 percent of the work force at Washington Mutual, which ended June with 43,198 employees.

...

About 4,000 of the jobs will be cut by the end of January, and another 5,200 later, JPMorgan spokesman Christine Holevas said. The 5,200 workers will receive double their annual salaries retroactive to Oct. 1, payable in a lump sum when their employment ends, Holevas said.

Seattle will bear the brunt of the cuts, with 3,400 layoffs out of a total of 4,300 Washington Mutual employees in the city, JPMorgan said.

Another 1,600 layoffs will be in the San Francisco area, and the remaining 4,200 will be elsewhere. Most branch workers will keep their jobs.

http://www.cnbc.com/id/28010333

[Chica Yeyé 41]

Yup. A buddy of ours will certainly get canned.

[w¡n9Nµ7 §£@¥€r 123]

Yup. A buddy of ours will certainly get canned.

Sux.

[HAL 9000 96]

Totally nasty... Hopefully Chase will try to reassign future employees from WaMu.

I wondered about that at those street corners where there are branches from 'both' banks.

[w¡n9Nµ7 §£@¥€r 123]

Totally nasty... Hopefully Chase will try to reassign future employees from WaMu.

I wondered about that at those street corners where there are branches from 'both' banks.

Those will become the crack blocks of our generation.

[HappyDancer 7]

Oh my...

[Chica Yeyé 41]

Totally nasty... Hopefully Chase will try to reassign future employees from WaMu.

I wondered about that at those street corners where there are branches from 'both' banks.

They won't. They will keep the Chase employees and lay off the ones from WaMu.

I am so very glad I am in higher ed.

[w¡n9Nµ7 §£@¥€r 123]

Totally nasty... Hopefully Chase will try to reassign future employees from WaMu.

I wondered about that at those street corners where there are branches from 'both' banks.

They won't. They will keep the Chase employees and lay off the ones from WaMu.

I am so very glad I am in higher ed.

higher eds layoffs happen too. once tax revenues drop off from those high paying folks at wamu.....

[Chica Yeyé 41]

Totally nasty... Hopefully Chase will try to reassign future employees from WaMu.

I wondered about that at those street corners where there are branches from 'both' banks.

They won't. They will keep the Chase employees and lay off the ones from WaMu.

I am so very glad I am in higher ed.

higher eds layoffs happen too. once tax revenues drop off from those high paying folks at wamu.....

stfu not for us unionized lazy people

and wasn't I just telling you about that yesterday? the cut on faculty searches and the like?

[HAL 9000 96]

Totally nasty... Hopefully Chase will try to reassign future employees from WaMu.

I wondered about that at those street corners where there are branches from 'both' banks.

They won't. They will keep the Chase employees and lay off the ones from WaMu.

I am so very glad I am in higher ed.

higher eds layoffs happen too. once tax revenues drop off from those high paying folks at wamu.....

stfu not for us unionized lazy people

and wasn't I just telling you about that yesterday? the cut on faculty searches and the like?

They're cutting student lunches and doing hiring freezes for the time being around here.

[Chica Yeyé 41]

Totally nasty... Hopefully Chase will try to reassign future employees from WaMu.

I wondered about that at those street corners where there are branches from 'both' banks.

They won't. They will keep the Chase employees and lay off the ones from WaMu.

I am so very glad I am in higher ed.

higher eds layoffs happen too. once tax revenues drop off from those high paying folks at wamu.....

stfu not for us unionized lazy people

and wasn't I just telling you about that yesterday? the cut on faculty searches and the like?

They're cutting student lunches and doing hiring freezes for the time being around here.

U-Chi gives you lunch?????????? #######>!>!>! I can't even get a free cup of coffee here

[w¡n9Nµ7 §£@¥€r 123]

Len, go on strike you lazy union bum!

[Chica Yeyé 41]

Len, go on strike you lazy union bum!

No #######.

I should. I will. Off I go. To smoke and drink the coffee my husband males for me since I am poor and the union will not give me free java

And that's that.

[HAL 9000 96]

Totally nasty... Hopefully Chase will try to reassign future employees from WaMu.

I wondered about that at those street corners where there are branches from 'both' banks.

They won't. They will keep the Chase employees and lay off the ones from WaMu.

I am so very glad I am in higher ed.

higher eds layoffs happen too. once tax revenues drop off from those high paying folks at wamu.....

stfu not for us unionized lazy people

and wasn't I just telling you about that yesterday? the cut on faculty searches and the like?

They're cutting student lunches and doing hiring freezes for the time being around here.

U-Chi gives you lunch?????????? #######>!>!>! I can't even get a free cup of coffee here

That's what you get for not being at the birthplace of the atomic reaction, the identification of REM sleep, and the place where the Chicago Boys learned how to later use their mojo under Pinochet's reign of terror.

[w¡n9Nµ7 §£@¥€r 123]

Totally nasty... Hopefully Chase will try to reassign future employees from WaMu.

I wondered about that at those street corners where there are branches from 'both' banks.

They won't. They will keep the Chase employees and lay off the ones from WaMu.

I am so very glad I am in higher ed.

higher eds layoffs happen too. once tax revenues drop off from those high paying folks at wamu.....

stfu not for us unionized lazy people

and wasn't I just telling you about that yesterday? the cut on faculty searches and the like?

They're cutting student lunches and doing hiring freezes for the time being around here.

U-Chi gives you lunch?????????? #######>!>!>! I can't even get a free cup of coffee here

That's what you get for not being at the birthplace of the atomic reaction, the identification of REM sleep, and the place where the Chicago Boys learned how to later use their mojo under Pinochet's reign of terror.

*mutters* showoff