- Company to cut 10 per cent of its workforce in move to 'digitise' bank
- Group has already slashed 30,000 staff since the start of financial crisis
- CEO insists the move will be good for customers and shareholders
- Lloyds was handed a £20billion bailout from taxpayers in 2008
JPMorgan to slash 19,000 jobs by end-2014
NEW YORK — US banking giant JPMorgan Chase plans to eliminate 19,000 jobs by the end of 2014 as it seeks to rein in costs, the company said Tuesday in an investor presentation.
John L. Walker was an attorney for the JPMorgan Chase & Co. (Bailout Company), and is a member of the Bretton Woods Committee.
Enrico A. Lazio was the EVP for the JPMorgan Chase & Co. (Bailout Company), a trustee at the Committee for Economic Development, and is a member of the Bretton Woods Committee.