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JP Morgan plans to reduce workforce in Jersey City signals layoffs

On July 11, JPMorgan Chase (JPM.N) announced its intentions to downsize its staff in Jersey City, New Jersey, resulting in the layoff of 63 employees.

JP Morgan plans to layoff 63 employees in Jersey City. Photo: Shutterstock
JP Morgan plans to layoff 63 employees in Jersey City. Photo: Shutterstock

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