Photo by The Tim The official layoff count for WaMu was made public today. According to various news sources, JPMorgan Chase will be cutting 3,400 jobs in Seattle. JPMorgan Chase is laying off 3,400 Washington Mutual employees in Seattle, according to spokesman Tom Kelly. That’s more than 80 percent of the 4,300 people it employs…
Tag: layoffs
Seattle Times: JPM to Cut ~70% of WaMu HQ Employees
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…
Quadrant Homes Cuts 20% of Workforce
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…
Link Roundup: Taxes, Fraud, & Layoffs (oh my)
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…
Quadrant Homes to Cut 6% of Workforce
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…