keywords: ibm outsourcing corp rehire reuters
text: J.P. Morgan Cancels IBM Outsourcing Deal  WASHINGTON (Reuters) - J.P. Morgan Chase   Co. &lt;A HREF="http://www.investor.reuters.com/FullQuote.aspx?ticker=JPM.N target=/stocks/quickinfo/fullquote"&gt;JPM.N&lt;/A&gt; said  on Wednesday it was canceling a \$5 billion outsourcing deal  with IBM Corp., &lt;A HREF="http://www.investor.reuters.com/FullQuote.aspx?ticker=IBM.N target=/stocks/quickinfo/fullquote"&gt;IBM.N&lt;/A&gt; and planned to rehire about 4,000  workers who had been transferred to IBM under the pact.