WaMu to Keep Regional Center Open In Texas

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WaMu to Keep Regional Center Open In Texas Washington Mutual says it plans to keep its regional operations center in Texas open, despite nationwide layoffs.

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(December 2, 2008)—Washington Mutual says it plans to keep its regional operations center in San Antonio open despite nationwide layoffs.

The center employs 1,800 and is at the core of WaMu’s job creation agreement with the state.

WaMu is the largest bank to fail in the ongoing credit crisis.

It was taken over by JPMorgan Chase & Co. in September.

JPMorgan Chase is cutting a total of 9,200 Washington Mutual jobs.

However, company officials said Tuesday the San Antonio operations center will remain open.

It's not yet known how many other Texans will be affected by layoffs.

WaMu spokeswoman Missy Latham says there will be small pockets of layoffs in Texas.