From: "Randy H" 

The Card Services integration is gonna be fun to watch-Bank One is in the
middle of migrating off of FDR and TSYS, while JPMChase is on FDR-and the
Bank One/FDR split was anything but harmonious.

Bank One was FDR's number #1 Card Client, JPMChase is FDR's #2 card client.

(o/~ Jamie's got a gun ....... o/~)

"Rich Gauszka"  wrote in message
news:4007f9dd{at}w3.nls.net...
> I guess this makes up for the 1,000 jobs added in December.
>
>
http://www.newsday.com/business/printedition/ny-bzbank163628478jan16,0,25410
66.story?coll=ny-business-print
>
> Big bank mergers almost always result in layoffs, and the deal announced
> Wednesday between J.P. Morgan Chase and Bank One Corp. will be no
exception.
>
> Executives from the companies said yesterday that at least 10,000 jobs
will
> be eliminated, including an undetermined number from the New York area.
>
> Even before the merger was announced, J.P. Morgan Chase was moving to cut
> jobs locally. In October, for example, the bank said it intended to
> eliminate 1,000 out of 1,500 positions at the company's credit-card call
> center in Hicksville, moving those jobs to other parts of the United
States
> and to Canada.
>
>

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