Benefits August 23, 2001
Bank One Cuts HR Staff
August 23, 2001 (PLANSPONSOR.com) - Bank One says it
has fired at least 150 human resources workers, as the
fifth-largest US bank cuts back on hiring and
staffing.
Reported by Nevin E. Adams
The bank has trimmed more than 6,000 positions since Chief Executive Jamie Dimon, 45, took over in March 2000 and about 1,000 jobs since the beginning of the year. The Chicago-based bank currently employs about 78,400 workers.
A bank spokesperson noted that the number of open positions has been trimmed to about 2,800 from 5,700 a year ago.