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Merger leads to (300+) Bank One layoffs

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UpInArms Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-06-04 09:01 AM
Original message
Merger leads to (300+) Bank One layoffs
http://www.wthr.com/Global/story.asp?S=1845074

Indianapolis, May 5 - Hundreds of Bank One employees must find new jobs beginning July first. The company plans job cuts.

The financial institution plans to eliminate at least 185 local jobs and over 300 nationwide. The cuts stem from a planned merger with JP Morgan Chase.

...more...
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WillParkinson Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-06-04 09:10 AM
Response to Original message
1. Oh, thank goodness...
It's not like it's not hard enough to get someone to help me when I go to the bank now.
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Voltaire99 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-06-04 12:22 PM
Response to Original message
2. Creative destruction! Genius of capitalism!
Remember, citizens: it's wiseset to let banks become as big and unregulated as possible, congealing much of the nation's assets and debt under a few free-wheeling roofs!

If you can't trust a really rich man who owns your car loan, student loan, mortgage and medical debt, who can ya trust? Ha ha ha ha ha ha!
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