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The company will cut as many as 19, 000 jobs in the consumer businesses, principally in a unit that deals with home loans, while hiring about 15, 000 across its businesses in the U.S. and overseas.
WSJ: J.P. Morgan to Cut $1 Billion in Costs, 4,000 Jobs
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The consumer demand is astronomical, and as a result, we see escalating media rights deals which allow schools to afford more expensive coaching staffs.
FORBES: College Football Coaching Salaries Grow Astronomically Due to Escalating Media Rights Deals
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As for brands that may target Douglas for endorsement deals, Migala expects Douglas to be courted by brands representing consumer packaged goods.
FORBES: Gabby Douglas' Gold Medals At The London Olympics Mean Multi-Million Dollar Endorsement Deals
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As firms like ShareWave and TiVo preen their technologies for consumer markets, they also seek to strike deals with consumer electronics firms.
CNN: Set-top boxes, home networking grow up