JPMorgan to lay off 100 employees in asset management
US financial services giant JPMorgan Chase is reportedly laying off about 100 workers in its asset management division after a business review. The layoffs, which amount to 1-2% of the division, are occurring throughout the business and in cities around the world, reports said. JPMorgan's asset management division produced $3.61 billion in revenues in the first half of 2018.