Chase To Bring 1,150 Jobs To Columbus, Westerville
NBC 4
JP Morgan Chase says it will bring at least 1,150 jobs to Central Ohio during the next three years.
COLUMBUS, Ohio —JP Morgan Chase said it will bring at least 1,150 jobs to Central Ohio during the next three years.
NBC 4 reported with the FAST FACTS.
Chase made the announcement Tuesday after months of lobbying on the state’s and city’s parts.
At least 1,000 of the jobs were to be split between Chase’s McCoy Center in Polaris and its lending facility near Easton Town Center. The remaining 150 will be at the company’s Cleveland Avenue offices in Westerville, the company said.
Columbus City Council on Monday, May 18, approved legislation with JP Morgan Chase to bring 1,000 new jobs into Central Ohio by the end of the year and retain another 10,000 positions.
The city was expected to bring in $4.5 million in additional income tax from the new jobs over eight years.
The deal was settled when council offered Chase a Jobs Growth Incentive of 35 percent for eight years and a Job Creation Tax credit of 65 percent for 10 years.
About 900 of the new jobs are telephone customer-service positions serving Chase’s consumer and home lending customers around the country. Other positions will support the company’s technology, including its network of 14,000 ATMs. More than half the jobs are being created to help homeowners who are struggling with their monthly mortgage payments.
“We are expanding in the Columbus area because we know employees here are educated, motivated and dedicated and because the city and state have been excellent partners,” Charlie Scharf, CEO of Chase Retail Financial Services, said.
The acquisition of the new jobs is the first step of the city’s three-point plan to go from a $16-million shortfall to getting back in the black.
Mayor Michael Coleman said the city has to be aggressive about finding jobs and opportunities locally.
Second is the reformation of government, meaning making government more efficient.
The third point is the passage of the half-percent income tax in August.
The city said the three steps will be able to sustain essential city services, keep neighborhoods safe and maintain the quality of life that makes Columbus attractive to companies such as Chase.
Anyone interested in applying for one of the new positions should go to http://careers.jpmorganchase.com for details and to complete an application.
For additional information, stay with NBC 4 and refresh nbc4i.com—Where Accuracy Matters.
To submit a story idea or news tip, e-mail
.
MORE: NBC 4 Local News | Local Crime News
NBC 4 SPORTS: Sports News, Video
NBC 4 POLITICS: Headlines, Interactives & Video
Advertisement
Reader Reactions
I agree with get_real, mom22 and iworkatchase. I was one of the technology people laid off at the end of 2008. They said it was numbers, yeah - getting paid alot to do alot. Are we going to get called back? NO! They shipped our jobs off-shore or to Florida. Then they create jobs at $20k/year to answer phones. And they also deny you cobra reduction so they don’t have to do the paperwork for 65% of the cost. Coleman and Westerville were DUPED by Jamie and his pals at Chase.
How much tarp money did it take to create these jobs
Great. More incompetent loan officers to put together loans that will get denied the day before closing because of information given 3 months prior. I speak from personal experience. CHASE SUCKS!
And this is going to bring in tax revenue HOW O I forgot that’s what they have us for! they want us to pick up the tab
What about all the people that Chase laid off My Neighbor being one of them She isn’t getting her job back!
That should about cover the number of layoffs Chase has done in Columbus over the last 5 years.
Great. Give Chase a tax break to bring on workers. What about all of the workers that were cut late last year from the Westerville campus? Or the cuts this year? We give them tax breaks to bring lower paying jobs to replace the higher paying jobs they off-shored to Manila. Real smart Westerville City Councel. Brilliant Mr Coleman. We need more people like you to waste our $$$.
...Kudos to Chase
Columbus’ finest support Public Safety
Hillard has budget woes.
Unfortunatly, bringing in 1150 jobs won’t do the city a lick of good when nearly 800 public safety employees are laid off(speaking in terms of tax revenue). Further, after the layoffs and the near east side area declines even further Children’s hospital will more than likely pull out of Columbus and move to Hilliard as they had planned to do not all that long ago.
Yup. GREAT plan there Coleman.
The correct web site address is: http://careers.jpmorganchase.com.
Advertisement