Washington Mutual says that despite nationwide layoffs, it's keeping open a regional operations center in San Antonio that employs 1,800...
AUSTIN, Texas — Washington Mutual says that despite nationwide layoffs, it’s keeping open a regional operations center in San Antonio that employs 1,800 people and is at the core of its job creation agreement with Texas.
WaMu became the largest bank to fail in the ongoing credit crisis and was taken over by JPMorgan Chase & Co. in September. JPMorgan Chase is cutting a total of 9,200 Washington Mutual jobs.
However, company officials said today that the San Antonio operations center will remain open.
It’s not yet known how many other Texans will be affected by layoffs. WaMu spokeswoman Missy Latham says there will be small pockets of layoffs in Texas.
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