Mass executive walk outs at Merchant Services. People are fed up with the abuse at Chase
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Topics regarding layoffs at JPMorgan Chase & Co.
Tampa watch out! Buzz cut the entire collateral UW dept leaving only equity and credit intact. Wow! Jacksonville really is the godfather...tampa seems to be the dumping ground. Good luck to all. What a way to end employment. They took out two teams... read more
With so many top management meetings and re-orgs, what’s going to happen in Feb and March 2019? Heard a wave of layoffs in GTI planned in Feb.
Some BAs have been hit in Dallas. Good luck to all.
Something seems odd in our department today. all Staff apparently summoned to scheduled meeting tomorrow. Anyone heard what's up? It's not ordinary.
Just announced that over 100 will be let go in Tampa due to hurrica Irma making the site "too risky" to do business in. Funny thing is Tampa hasn't even been hit with a Hurricane in over 100 years. Happy New Year! Heres your pink slip!!
Many already received emails for tbd meetings of high importance for"business" update whether it would be in a room or by phone. Banks are a mess no matter the Line of Business and company. We all need to look outside Chase no matter the line of... read more
Has anybody noticed that JPMorgan has resorted to firing people for even the smallest (and sometimes nonexistent) infraction lately? Things that wouldn't merit even a write-up in normal circumstances? Looks like they managed to find a nice way to get... read more
Does anybody have any new info on incoming layoffs to JPMorgan? I'm talking about locations other than Lewisville, such as Phoenix? Anything?
Mass default layoffs coming soon to Lewisville Texas
Work about 70 minutes Take a 25 minute break Work about 70 minutes Take a 30 minute break Work for 30 minutes Take a 90 minute lunch Do no more work the rest of the day I usually skip out about 45 minutes early So almost three hours of work a day Am... read more
For me, following: Money. Smart colleagues. Competition. Prestige among banking peers. Perks. Knowing that JD is Repo_King What are your reasons?
It was reported that in this settlement Chase and Citigroup agreed to pay the amount $185.5 million. A preliminary settlement addressing the banks' alleged manipulation of the European Interbank Offered Rate, or Euribor, was filed on Wednesday night... read more
There were strangers in our office in Columbus this week noting cubicle numbers. I have no solid information regarding staff reductions. Given the PIWs and alternative valuation products in development and considering the lower mortgage apps volume... read more
Just wanted to start a thread as there are no updates here, let's talk about Chase bank layoffs in Dallas Texas...
Imagine you hold a lemon in your hand and you squeeze it. What’s left? This is exactly what happens in JPMC, a human wreck is what remains. The higher you are in the hierarchy the more brown nosing you can see…a rat race is ‘detectable’ too…all to... read more
Share any updates you may have about Chase Layoffs in 2019 or beyond?
After the latest layoffs we got a coffee machine from management, WOW!! Most people I know here pretty much hate their jobs. They complain about the work, the people, the commute, the pay, the hours, the lack of vacation time and control over their... read more
US immigration hit with H-1B lawsuit Updated 5 hours ago A lawsuit filed last week against the U.S. Citizenship and Immigration Services (USCIS) claims that the agency is arbitrarily deciding the length of temporary worker visas, sometimes issuing... read more
J.P. Morgan and the art of nepotism is present everywhere you look, I had a great manager in my last job. I didn't realize how great a manager was until I left that job. and start working for JPMC, incompetence reigns here fro VP's to Directors... read more
Most manager are not good I had 4 last year, LoL, Culture is really awful here for tech. Too much paper work/process required to get things moving in general. Everyone has specific roles/responsibility, so working with different teams could take... read more
I’m hearing more to happen in Mortgage in October within Plano, true?
QC letters and uw and call center 8n Lewisville got aced along with business analyst teams a month ago and day before in Lewisville. Jobs going to AZ come 2019 of Jan FNMA will not be leasing in downtown Chase bldg anymore so they have to let go... read more
Not sure why no posts here but there are layoffs at JPMC Custody Services. Some folks with very long tenures were let go which leads me to believe they wanted to go after better paid resources - and this will continue as we are in a race to the... read more
JPMorgan Reports Earnings Amid Mortgage Staff Cuts By Richard H. Suttmeier | Updated October 9, 2018 — 9:15 AM EDT JPMorgan Chase & Co. (JPM) is the largest of the four "too big to fail" money center banks and is the only major bank in the Dow Jones... read more
Some Employers shed jobs due to the lack of growth but in JPM's case the offshoring of American jobs continued, overall an estimated 90,000 core technology jobs in September, reversing IT employment gains from the previous month, while job postings... read more
CAS layoffs in Jax just happened
107 pink slips in San Antonio Lynn Brezosky | on October 5, 2018 Photo: Scott McIntyre /Bloomberg IMAGE 1 OF 21 JPMorgan Chase & Co. is laying off 107 San Antonio employees as it relocates its Banker Support Division. >>>See which other businesses... read more
The Wall Street Journal MARKETS JPMorgan Chase Laying Off About 400 Mortgage Employees Chase, one of the biggest home lenders, is cutting employees in Florida, Ohio, Arizona JPMorgan Chase is planning layoffs in its mortgage division weeks after... read more
I often write code to complete tasks, but what if the person automates their entire job? I found about a dozen programmers here who have either written code to handle most or all of their job. and told no one, In my case I automated my entire job... read more
Where are the Leaders accountability to the rest of the organization to create trust and establish their own credibility? WHAT IS THAT THEY DO? just changing Org names, and changing job titles and get paid like no one else?, that is all they do. Come... read more
I just had a death in family, showed up to work after a day and got laid off when they knew I lost a loveone, they still did not wait a say or two. Boss told me 4weeks ago thanks for being a top performer and doing a great job for us and now all... read more
All gone as of 11/30/18. Thanks for the JIT for Christmas layoffs....d---s.
A total mass occur and mortgage servicing and a fall today. However Chase is violating the law. They gave people a 45 day working notice and some people a 45 day nonworking notice however due to the amount of employees that were laid off under the... read more
Look at what happened to Fraud in New Jersey. A bunch of qualified good workers lost their job because they “cost too much” then they move the site to TX and proceed to replace them with lower level yokels who were from mortgage. Its a sham and a... read more
A lot of this is software catching up to the logistics that is now possible due to the improvements in data infrastructure. External calls were the first to be consolidated. Everyone has sat on hold waiting for the next available..... Internal is... read more
The way JPMC is doing layoffs is a nightmare, the strategic solution is to cut to the bone, I have direct knowledge that many managers don't know who will be leaving, but the decision was already made by the HR bean counters, but when layoffs are... read more
Word on the street is Phoenix is going to see another round - 2nd this year, in October.