Here's Hoping You Made The Cut

JPMorgan Chase CEO Jamie Dimon said Tuesday that approximately 55 percent of Bear employees will be out of a job once JPMorgan Chase completes its acquisition in the coming weeks, Reuters reports.

JPMorgan Chase CEO Jamie Dimon said Tuesday that approximately 55 percent of Bear employees will be out of a job once JPMorgan Chase completes its acquisition in the coming weeks, Reuters reports.

About 6,000 Bear guys and gals (out of a total of 14,000) got jobs inside JPMorgan, while Dimon found positions for another 1,500 outside the company, says BusinessWeek. Dimon's handwritten letters have probably helped for that second bunch.

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