Recent company layoffs - JPMorgan

<span class="headline18"> <a class="taxInlineTagLink" id="ORCRP010217" title="JPMorgan Chase &amp;amp; Co." href="/topic/economy-business-finance/financial-business-services/jpmorgan-chase-%26-co.-ORCRP010217.topic">JPMorgan</a> Chase & Co.</span><br>
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<b>Announced:</b> Feb. 26<br>
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<b>Number of layoffs:</b> 12,000 jobs<br>
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<b>Reason for the cuts:</b> The company said the jobs will be eliminated related to its acquisition of <a class="taxInlineTagLink" id="ORCRP016518" title="Washington Mutual Inc." href="/topic/economy-business-finance/washington-mutual-inc.-ORCRP016518.topic">Washington Mutual Inc.</a>

( Photo by Cate Gillon/Getty Images )

JPMorgan Chase & Co.

Announced: Feb. 26

Number of layoffs: 12,000 jobs

Reason for the cuts: The company said the jobs will be eliminated related to its acquisition of Washington Mutual Inc.

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