Tuesday, September 24, 2013

Mortgage Lay Offs In Phoenix. Is Tucson Next?

Posted By on Tue, Sep 24, 2013 at 12:00 PM

chase.jpg
  • shutterstock.com

You know it can't be good when you hear about job loss in the banking sector. Cronkite News reports some troubling economic news:

JP Morgan Chase, which has been the subject of various federal inquiries, has laid off nearly 500 employees in Phoenix.

The articles also says the bank is expecting to cut loose 17,000 more mortgage jobs by early 2014. I was talking to someone from my old job at Citi Mortgage in Rita Ranch, and they said this could also be the case for the originations and refinance departments here. I wouldn't be surprised if this was rumor, but 760 Citi employees in Nevada received the laid off notice yesterday.

Tags: , , , , , ,

Comments (3)

Showing 1-3 of 3

Add a comment

 
Subscribe to this thread:
Showing 1-3 of 3

Add a comment

Staff Pick

Butterfly Magic

Butterfly Magic is a fully immersive experience that surrounds you with rare butterflies, tropical plants and orchids… More

@ Tucson Botanical Gardens Oct. 1-May 31, 9:30 a.m.-3 p.m. 2150 N. Alvernon Way.

» More Picks

Submit an Event Listing

Popular Content

  1. Gen. Michael Flynn, Conspiracy Tweeter and Trump Whisperer, Is a National Security Risk (The Range: The Tucson Weekly's Daily Dispatch)
  2. Tucson Stained Glass Brings Color to the Old Pueblo (The Range: The Tucson Weekly's Daily Dispatch)
  3. Cinema Clips: Loving (The Range: The Tucson Weekly's Daily Dispatch)
  4. Cinema Clips: The Eyes of My Mother (The Range: The Tucson Weekly's Daily Dispatch)
  5. For More About Betsy DeVos' Priorities, Follow the Money (The Range: The Tucson Weekly's Daily Dispatch)

© 2016 Tucson Weekly | 7225 Mona Lisa Rd. Ste. 125, Tucson AZ 85741 | (520) 797-4384 | Powered by Foundation