JPMorgan tells 1,000 First Republic employees they’re losing their jobs
The bank offered full-time or transitional roles to almost 85% of the nearly 7,000 employees still working at First Republic when it collapsed, and told the rest they wouldn't get offers.
JPMorgan Chase & Co. notified about 1,000 First Republic Bank employees that they aren’t being given jobs — even temporarily — following its takeover of the failed lender.
On Thursday, the biggest U.S. bank offered full-time or transitional roles to almost 85% of the nearly 7,000 employ
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