JPMorgan Chase to layoff nearly 250 employees in North Texas

An investment banking giant has announced layoffs impacting nearly 250 employees in North Texas.

JPMorgan Chase & Co. is closing a call center and laying off 244 employees at its Plano campus—one the company’s largest employment hubs, according to a Worker Adjustment and Retraining Notification (WARN) Notice recently filed with the Texas Workforce Commission. Layoffs will take effect on Aug. 21.

“We are committed to Plano and have more than 12,500 employees working there with more than 800 open positions,” JPMorgan Chase told Chron in a statement on Thursday. “This impacts a small operations team that we are consolidating to our larger existing Operations locations.”…

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