Monday, February 23, 2009

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JP Morgan Chase to close credit card service center, 700 jobs lost

JP Morgan Chase has confirmed it will close a credit card customer service center in Kennesaw by mid-2010, eliminating 730 jobs. The center was primarily being used for a credit card that Chase cobranded with Circuit City, the electronics firm that filed for bankruptcy in November and later said it planned to liquidate.

Chase said that employees at the Kennesaw center will be eligible to apply for jobs elsewhere in the company. The company didn't announce when the cuts would begin.

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