keywords: jpmorgan ibm outsourcing cancels chase
text: JPMorgan Chase Cancels \$5-Billion Outsourcing Deal With IBM The inexorable march of outsourcing took an abrupt about face Wednesday, when JPMorgan Chase bank canceled its \$5-billion outsourcing deal with IBM and said it would take back the 4,000 employees working at IBM on the bank #39;s IT programs.