JPMorgan Chase & Co. (NYSE:JPM) could slash as many as 10,000 more jobs this year over and above previously announced layoffs, following a brutal shrinking of business and regulators prowling for blood, the New York Post reported today, citing company sources.
![JPMorgan Could Slash 10,000 More Jobs [REPORT]](https://hedgefundalpha.com/wp-content/uploads/2021/05/connection-lost-3498366_1280.png "JPMorgan Could Slash 10,000 More Jobs [REPORT]")
According to some analysts, the job cuts could even force CEO Jamie Dimon to exit the bank.
Mounting job cuts
As reported earlier, revenues for fixed income, currencies and commodities (FICC) are now at the lowest point since the financial crisis, with the top 10 investment banks losing 15% year-on-year...
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