By The Tim on November 19, 2008
Photo by Flickr user S x 2
According to today’s Seattle Times, JPMorgan Chase plans to cut around 70% of WaMu’s Seattle-area employees.
JPMorgan is handing out layoff notices now and is expected to finish making decisions about all of WaMu’s 43,200 employees nationwide by Dec. 1.
As many as 3,000 of WaMu’s 4,200 workers in Seattle could [...]
Posted in News | Tagged banks, Commercial Real Estate, JPMorgan, layoffs, WaMu
By The Tim on September 20, 2008
From the P-I: Quadrant Homes lays off 45 workers
Quadrant Homes, the Puget Sound area’s largest home builder, announced Thursday that it is cutting its work force by 20 percent in response to the slowdown of new home sales in the area.
The company will lay off 45 associates from its Bellevue headquarters and field locations in [...]
Posted in News | Tagged builders, layoffs, Quadrant, Seattle_PI
By The Tim on June 20, 2008
There have been a lot of local real estate stories this week that are worth mentioning, but aren’t big enough to merit their own post. So it’s time for another link roundup.
Tax Assessments & Government Revenue
First up, while tax assessments may be falling in Pierce and Snohomish, it looks like they’re still on the [...]
Posted in Local, News | Tagged assessments, developers, fraud, layoffs, Sohn, tax revenues, WaMu
By The Tim on May 17, 2008
According to KING 5, Quadrant homes announced some major layoffs yesterday.
The slowdown in home sales nationwide has now hit one of the largest home builders in Washington state in the form of layoffs.
Quadrant Homes is cutting up to six percent of its workforce.
In an e-mail to employees, Quadrant’s CEO announced a formal reduction in force, [...]
Posted in News | Tagged builders, layoffs, Quadrant
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