Results tagged “whogoes”

The Seattle Times reports that JP Morgan will lay off as many as 3,000 WaMu employees in the Seattle area, cutting the local WaMu workforce to just under a third of its former glory. Layoffs begin this week, and by December 1--in the thick of the holiday shopping season--all of the decisions will have been made about who stays and who goes. This doesn't come as a surprise, but the numbers are breathtaking and the impact on our local economy will be significant. From the Times article: "'It's pretty dire for Seattle,' said one former high-ranking executive." Brace yourselves--it's looking like a cold, lean winter ahead. more ›