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

Today | Mon | Tue | Wed | Thu | Fri | Sat
Butterfly Magic

Butterfly Magic @ Tucson Botanical Gardens

Through May 31, 9:30 a.m.-3 p.m.

All of today's events | Staff Picks

Staff Pick

PCC performing arts musical In The Heights

A sensational Tony award-winning musical by Lin-Manuel Miranda about home, family, and finding where you belong. Carnaval… More

@ Pima Community College Center for the Arts Thu., Feb. 23, 7:30-9:30 p.m., Fri., Feb. 24, 7:30-9:30 p.m., Sat., Feb. 25, 2-4 & 7:30-9:30 p.m., Sun., Feb. 26, 2-4 p.m., Thu., March 2, 7:30-9:30 p.m., Fri., March 3, 7:30-9:30 p.m., Sat., March 4, 2-4 & 7:30-9:30 p.m. and Sun., March 5, 2-4 p.m. 2202 W. Anklam Road.

» More Picks

Submit an Event Listing

Popular Content

  1. What To Do If ICE Comes To Your Door (The Range: The Tucson Weekly's Daily Dispatch)
  2. Political Theater: McSally Schedules Town Hall Just in Time To Scramble Critics (The Range: The Tucson Weekly's Daily Dispatch)
  3. 'Enemy of the People': The Phrase's Ironic and Instructive Literary History (The Range: The Tucson Weekly's Daily Dispatch)
  4. The Weekly List: 19 Things To Do In Tucson in the Next 10 Days (The Range: The Tucson Weekly's Daily Dispatch)
  5. Song of the Day: Billy Sedlmayr Tackles Primal Scream and 'I Can Change' (The Range: The Tucson Weekly's Daily Dispatch)

© 2017 Tucson Weekly | 7225 Mona Lisa Rd. Ste. 125, Tucson AZ 85741 | (520) 797-4384 | Powered by Foundation