JP Morgan

Type
Internal restructuring
Country
United Kingdom
Region
South West (England);
Location of affected unit(s)
Sector
Professional Services
69 - Legal and accounting activities
69.2 - Accounting, bookkeeping and auditing activities; tax consultancy
69.2 - Accounting, bookkeeping and auditing activities; tax consultancy
200 jobs
Number of planned job losses
Job loss
Announcement Date
11 February 2013
Employment effect (start)
Foreseen end date

Description

JP Morgan has announced plans to close down its offices in Swindon resuting in the loss of 200 jobs. Staff will continue to work at company offices in Lydiard Fields for another year before the closure. The company plans to offer relocation packages to its employees. As of February 2013 there is no information on when the job cuts will be implemented.

Sources

  • 11 February 2013: BBC News

Citation

Eurofound (2013), JP Morgan, Internal restructuring in United Kingdom, factsheet number 75018, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/75018.