Wamu Fallout: 1,200 East Bay Jobs



As JP Morgan Chase continues to digest Washington Mutual, the bank has announced it will close some key Bay Area offices, sending hundreds of people to the unemployment line. According to the Chron, Pleasanton will take the biggest hit, as Wamu will close a massive customer service center in the oversized subdivision. Some 1,200 customer service reps, who once spent their days fielding annoyed phone calls about credit cards and checking accounts, will lose their jobs.