JP Morgan Chase announced 550 layoffs at the company’s office in Florence Thursday; this is in addition to the 300 layoffs announced in January.
Employees will be able to continue working at the office for 90 days, said Chase Home Loans spokesperson Amy Bonitatibus. The layoffs announced Thursday cut that office’s workforce in half.
South Carolina hit by JPMorgan job cuts
Most Popular Articles
Latest Articles
Did lower mortgage rates slow housing inventory growth?
After two weeks of significant increases, my model for inventory growth with higher mortgage rates came crashing down last week.
-
Labor market report is good news for mortgage rates
-
Virginia Realtors: Zillow’s touring agreement may not be legal
-
Low inventory creates challenging conditions in North Carolina’s housing market
-
Tri-state area housing shortage could cost the region economically
-
Remote reverse mortgage counseling now permanently permitted in Massachusetts