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Major Hillary Clinton Donor Announces Thousands of Layoffs

May 28, 2015

Major Hilary Clinton donor JPMorgan Chase announced Thursday it would lay off more than 5,000 employees over the next two years. The move would eliminate roughly two percent of the company's workforce as part of an overhaul aimed at replacing human tellers with automated technology.

JPMorgan is the fourth-largest source of campaign contributions to Hillary Clinton over the course of her career. The company's employees have donated almost $620,000 to the current Democratic frontrunner. CEO Jamie Dimon has given at least $8,700 to Hillary Clinton beginning in 1999, and donated $1,000 to Bill Clinton in 1995. JPMorgan has donated as much as $260,000 to the Clinton Foundation.

Thus continues another very bad week for Clinton donors. On Tuesday, senior officials at Clinton Foundation donor FIFA were indicted on corruption charges, some of which related to the controversial decision to allow Clinton Foundation donor Qatar host the World Cup in 2022. An estimated 1,200 workers have died during construction in the oil-rich Gulf nation, which recently imprisoned a group of BBC journalists invited to report on World Cup preparations.