Mr Cooper Group Inc (COOP)

[Royal Dude]

JPMorgan CEO will speak to WaMu employees Monday
JPMorgan Chase CEO Jamie Dimon will be in Seattle on Monday, the day by which all Washington Mutual employees will have learned whether they are keeping their jobs or not.

By Melissa Allison

Seattle Times business reporter

JPMorgan Chase CEO Jamie Dimon will be in Seattle on Monday, the day by which all Washington Mutual employees will have learned whether they are keeping their jobs or not. Dimon will speak to WaMu employees at Benaroya Hall on Monday morning.

Later he will speak to a lunchtime group of business and civic leaders at the Greater Seattle Chamber of Commerce's Community Development Roundtable at the Washington Athletic Club. The roundtable, which meets weekly, is not open to the public and does not disclose who its members are or even how many there are.

JPMorgan is expected to lay off up to 3,000 of WaMu's 4,200 Seattle workers, including a group that will receive bonuses to stay through a transition period. JPMorgan acquired Washington Mutual's banking operation after the Federal Deposit Insurance Corp. seized the thrift in September.

Melissa Allison: 206-464-3312 or [e-mail]

Copyright