JPMorgan Chase cut about 500 jobs this week, mainly in technical and operational positions.

[JPMorgan Chase cuts about 500 jobs this week mainly in technology and operating positions] according to people familiar with the matter, JPMorgan laid off about 500 jobs this week, mainly in technical and operating positions. The layoffs involved JPMorgan's main divisions, including retail and commercial banks, asset and wealth management, as well as corporate and investment banks, the people said. Like many financial companies, JPMorgan regularly cuts jobs throughout the year, although it hires thousands of new employees to fill the gap. The bank currently has about 13000 vacant jobs, according to one of the people familiar with the matter. (CNBC)