JPMorgan Chase & Co. is laying off 102 people in Houston as their tasks are reassigned to employees in another part of the country.
The workers being let go have provided support to bank branches in the areas of workforce management as well as fraud and customer protection services, according to documents released Friday by the Texas Workforce Commission.
In a statement, JPMorgan Chase said it "always look for ways to operate more effectively and efficiently, driving down costs for our customers and clients.