Merger leads to (300+) Bank One layoffs

UpInArms

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Thu May-06-04 09:01 AM
Original message

Merger leads to (300+) Bank One layoffs

http://www.wthr.com/Global/story.asp?S=1845074

Indianapolis, May 5 - Hundreds of Bank One employees must find new jobs beginning July first. The company plans job cuts.

The financial institution plans to eliminate at least 185 local jobs and over 300 nationwide. The cuts stem from a planned merger with JP Morgan Chase.

...more...

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WillParkinson

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Thu May-06-04 09:10 AM
Response to Original message

1. Oh, thank goodness...

It's not like it's not hard enough to get someone to help me when I go to the bank now.

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Voltaire99

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Thu May-06-04 12:22 PM
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2. Creative destruction! Genius of capitalism!

Remember, citizens: it's wiseset to let banks become as big and unregulated as possible, congealing much of the nation's assets and debt under a few free-wheeling roofs!

If you can't trust a really rich man who owns your car loan, student loan, mortgage and medical debt, who can ya trust? Ha ha ha ha ha ha!

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Fri May 03rd 2024, 05:09 PM
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