JPMorgan to lay off more than 100 in San Antonio


JPMorgan Chase & Co. plans to lay off 107 employees in San Antonio and eliminated those positions.

JPMorgan (NYSE: JPM), a New York City-based financial services company, filed a noticed with the Texas Workforce Commission on Oct. 3 indicating the jobs will be eliminated in about 60 days. The company has an outplacement assistance program and severance for eligible employees, while individuals may apply for other jobs within the business.

"We always look for ways to operate more effectively and…

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