Finance Layoffs: Accenture and J.P. Morgan

Bad news for professionals in the finance industry. More layoff rumors are circulating. The latest reports in the media are at Accenture Ltd. (NYSE:ACN) and J.P. Morgan Chase & Co. (NYSE:JPM).

• Accenture  is cutting 336 senior-level executive positions, according to the IdahoStatesman.com.
  
  
• SVB Capital cut seven employees from its staff last week, according to PeHub.
  

• J.P. Morgan is planning to lay off at least 284 employees in California over the next month, according to the San Francisco Chronicle.

However, all is not glum. Some companies have announced they are finished with staff reductions. For instance, after cutting 3,000 jobs, Fidelity Investments is "done" with layoffs, according to Providence Business News.

Even though several financial institutions are laying off employees, several are also hiring. Check our job opening pick of the day from The Deal's Career Channel:

Investment Banking Associate-FIG  in New York

For a roundup of all the announced layoffs to date, check out The Deal's Pink slips on Wall Street Dealwatch or any of the links below. Also, feel free to leave us any layoff or hiring rumors you are hearing. - Maria Woehr

Follow me on Twitter @newsgirlmw or join our Facebook Group.

Also see:
Finance Layoffs: Colonial BancGroup and more
Finance Layoffs: Sovereign Bancorp and more
Finance Layoffs: Wells Fargo lays off 62

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