JPMorgan Chase has announced it is to cut thousands more jobs, as it slightly trimmed its profit target for 2014. <br /><br />The bank, which is the largest in the United States said the jobs of about eight thousand people would go this year, due to slowing demand for home loans. <br /><br />That is 6,000 in its mortgage division where profits have fallen and 2,000 in high street banking as it opens fewer branches. <br /><br />The total is over 5,000 more layoffs than it forecast a year ago, however it does plan to hire staff in other areas.
