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Hundreds More Being Laid Off by Chase in Ohio

Job cuts in addition to 300 announced last month

Sept. 24, 2013


Another round of layoffs by JPMorgan Chase & Co. in Ohio will bring to more than 700 the number of job cuts in the region since last month. Diminishing refinance activity is a factor in the latest round.

Among thousands of job cuts announced last month by the New York-based firm were 300 in the Columbus, Ohio, area.

Last month's actions, part of between 13,000 and 15,000 planned layoffs announced in February, were a result of the decline in the number of distressed loans.

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