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JPMorgan lays off hundreds in mortgage business - Bloomberg News

June 22 (Reuters) - JPMorgan Chase & Co (JPM) is laying off hundreds of employees in its home-lending business and reassigning hundreds more this week, Bloomberg News reported https://bloom.bg/3OfO6z4 on Wednesday, citing people familiar with the matter.

A spokesperson for the bank did not immediately respond to a Reuters request for comment. (Reporting by Niket Nishant in Bengaluru; Editing by Shinjini Ganguli)

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