JPMORGAN CHASE TO LAY OFF 730 IN SAN DIEGO

JPMORGAN CHASE TO LAY OFF 730 IN SAN DIEGO
JPMorgan Chase said Thursday it plans to lay off 730 San Diego workers from its loan-servicing business as home refinances and foreclosures dry up. The local layoffs, to be completed by 2014, are part of a national plan announced six months ago by …
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SD County foreclosure activity stabilizes
Foreclosures in San Diego County are just about back to pre-recession levels and have reached a level of insignificance. “We're dealing with 200 month, say 2,500 a year,” said Alan Nevin, director of economic and market research at Xpera Group. “We're …
Read more on San Diego Source (subscription)

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