Coverage dated May 24, 2023 to May 25, 2023

Spring 2023 Layoff Tracker: JPMorgan Cuts 1,000 First Republic Employees

Headline from Forbes

More than 136,000 employees were laid off by major U.S. companies in the first quarter of 2023.

Forbes's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.

Reports & sources

6 articles, oldest first.

FOX Business
JPMorgan letting go 1,000 First Republic employees (opens FOX Business)
Published May 24, 2023
FOX Business's feed description
JPMorgan Chase has informed 1,000 employees of First Republic Bank they will soon be out of job, making the announcement weeks after acquiring the institution.
Insider
JPMorgan lays off 15% of First Republic employees, or about 1,000 workers (opens Insider)
Published May 24, 2023
Insider's feed description
About 85% of First Republic's roughly 7,000 employees have been given full-time or transitional roles at the larger JPMorgan Chase bank.
CNN
JPMorgan is cutting about 1,000 First Republic Bank employees (opens CNN)
Published May 25, 2023
CNN's feed description
JPMorgan Chase informed about 1,000 First Republic Bank employees on Thursday that they will no longer have jobs.
Honolulu Star-Advertiser
JPMorgan to cut jobs of about 1,000 First Republic employees (opens Honolulu Star-Advertiser)
Published May 25, 2023
Honolulu Star-Advertiser's feed description
NEW YORK >> About 1,000 employees of First Republic Bank are being let go about a month after it was seized by regulators and acquired by JP Morgan Chase.
Forbes
Spring 2023 Layoff Tracker: JPMorgan Cuts 1,000 First Republic Employees (opens Forbes)
Published May 25, 2023
Forbes's feed description
More than 136,000 employees were laid off by major U.S. companies in the first quarter of 2023.

Identical headlines usually mean shared wire copy. They are counted as separate articles but are not independent confirmation.