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JPMorgan Chase started informing some employees of job cuts last week, a source familiar with the matter told Reuters on Wednesday, as it begins one of several planned reductions this year. Banking giant JPMorgan Chase has begun a round of layoffs impacting "fewer than 1,000 employees," with more downsizing expected in mid-March, May, June, August and September, Barron's reports ... American multinational bank, JPMorgan Chase , has started notifying employees of job cuts as part of a series of downsizing efforts throughout 2025, reports said. Barron's reports that JPMorgan Chase 's ongoing downsizing efforts, set to continue through 2025, will result in fewer than 1,000 job cuts in February, with additional layoffs planned for mid-March, May, June, August, and September.
