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

More by Henry Barajas

Staff Pick

The Best of the Best: Prize Minerals From the Vaults of Arizona's Collectors

Remarkable specimens from private collections, and the unique stories about finding them, are featured in an exhibit… More

@ Flandrau Science Center and Planetarium Saturdays, 10 a.m.-9 p.m., Sundays, 1-4 p.m., Mondays-Wednesdays, 10 a.m.-3 p.m. and Thursdays, Fridays, 10 a.m.-3 p.m. & 6-9 p.m. Continues through Dec. 26 1601 E. University Blvd.

» More Picks

Submit an Event Listing

Popular Content

  1. A Lovely Evening of Punk and More with Tucson's Psygoat this Weekend (The Range: The Tucson Weekly's Daily Dispatch)
  2. Mercer Calls for Grijalva's Excommunication and the Congressman Suggests She Listen to the Pope (The Range: The Tucson Weekly's Daily Dispatch)
  3. (Common) Core Wars (The Range: The Tucson Weekly's Daily Dispatch)
  4. Demolition Begins On Former Downtown Performance Center/Mat Bevel Spaces (The Range: The Tucson Weekly's Daily Dispatch)
  5. Gov Race: Ducey vs. DuVal (The Range: The Tucson Weekly's Daily Dispatch)

© 2014 Tucson Weekly | 3725 Mona Lisa Rd. Ste. 125, Tucson AZ 85741 | (520) 797-4384 | Powered by Foundation