JPMorgan Chase & Co. Layoffs

Topics regarding layoffs at JPMorgan Chase & Co.

JP Morgan Chase Digital in New York, NY

Any rumors of layoffs in Digital? Specifically for software engineers (full time, not contract, not h1b? I know some h1b contractors were let go and management basically offloading the workload to full time employees that were retained...which is... —  read more 

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| 338 views | |
Post ID: @10AwcKaP

Anyone getting Unemployment in NY?

Relative let go mid-Apr, paid until end of may and received lump sum severance in mid June - NYS turned down unemployment - anyone receive unemployment in this scenario?

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| 655 views | |
Post ID: @10mzoh9k

SHOC Layoff

Support functions for Recovery are being moved to Philippines. Layoff just happened company wide a month ago. Now new talks of more layoffs coming September. Don't invest in anything long term. Including your role with JPMC. Revolving doors are... —  read more 

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| 1043 views | |
Post ID: @10ihYxQr

Layoffs

Layoffs in Jersey City. There are no jobs at the JC campus. Last week 100 people let go. The rumor mill says that there are steady job eliminations through October. Many jobs sent to Buenos Aires and Plano

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| 917 views | |
Post ID: @10g3I22G

Automation

They spend millions trying to "automate" our jobs every year only to fail and then say "sorry no money for bonuses/raises" and still let people go. Why would any employee for this firm attempt to do anything but the bare minimum when they wish you... —  read more 

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| 743 views | |
Post ID: @10cCfQRM

Layoff Thursdays

Why are layoffs always on Thursdays? Is there some reason for them to be doing it this way? Anyone from HR here? —  read more 

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| 1685 views | |
Post ID: @ZXC9EgZ

Replaced by Manila.

We all know the cost of doing business is a lot cheaper when it's done overseas, and with a company like Chase who continues to improve their quarterly profit by reducing overhead, expect it to get progressively worse state side. These layoffs are... —  read more 

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| 1380 views | |
Post ID: @ZW45184

We need to be real here

This is not in defense of JPMorgan Chase or any other similar compamy, but we need to be real here. Not sure where in the US you will find an organization that will provide services like those of JPMorgran or similar companies with US staff only. In... —  read more 

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| 1115 views | |
Post ID: @ZQ5PwQP

Offshoring private data

As a Chase customer, the news that banking jobs are moving offshore concerns me. My concern is over the confidentiality of my banking information. Time to consider moving my accounts elsewhere.

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| 653 views | |
Post ID: @ZOJJSCA

Columbus jobs eliminated

We are given a soft notice that Jobs are moved to other locations in the US, India or Philippines and current employees have to train their replacements...completely demeaning. Not only that, we havent been given our formal 45 day notice yet so we... —  read more 

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| 1599 views | |
Post ID: @ZO8dn6z

New Headquarters

Does everyone really believe the new headquarters will house the same number of JPM employees as it previously did? With a shrunken JPM footprint in the US and with the number of New York, New Jersey and Connecticut employees laid off, relocated or... —  read more 

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| 1360 views | |
Post ID: @ZLBx3gt

Hiring Freeze

Is chase having a hiring freeze right now? Most people looking are not being called in for jobs and i mean those who already got their 45 day notice.

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| 869 views | |
Post ID: @ZK9AehD

Future of mortgage ops at Chase

Here's my opinion and feelings on the future of mortgage ops at Chase. Take them for what they are worth. 90% if not all of underwriting and processing will be done in Manilla within the next few years. This will include home equity and first... —  read more 

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| 1499 views | |
Post ID: @ZG0Ry8I

Thursday Reaping

Several in risk/compliance were cut today in Jax, FL.

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| 1259 views | |
Post ID: @ZEjlC2U

Merchant Services in Tampa

Merchant Services in Tampa had riffs last month. From software engineers to business side. Don't really know the exact count but in our office someone mentioned 25.

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| 348 views | |
Post ID: @ZCpR1VS

Life after JPM

Is there a trend in the market whereby a mass exodus of JPM staff are leaving and heading to another certain company?

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| 1193 views | |
Post ID: @ZAOOtP6

Two Alike?

It seems JPMC is laying off with the same velocity of Wells Fargo. Although the scandals are not as publicized as at Wells Fargo I'm sure they have their own "issues." Any employees here can shed light into the chaos or is JPMC needing to layoff just... —  read more 

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| 2260 views | |
Post ID: @Zqqr3Ng

Info on layoffs

Major layoffs coming in compliance and risk. At the town hall last month they said ny and nj will no longer be a hub. All jobs going to Delaware and Tampa. Is this true about the town hall? Can anybody confirm it? —  read more 

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| 2481 views | |
Post ID: @ZpMgtkW

Layoff - JP Morgan Chase & Co-Consumer Banking & Card

As filed with the state: TX Notice Received on: Mar 18, 2019 Company: JP Morgan Chase & Co-Consumer Banking & Card County: Tarrant WDA: Tarrant County WDA Number of employees laid off: 368 Layoff date (start): Mar 14, 2019 Layoff date (end): Mar 18... —  read more 

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| 1036 views | |
Post ID: @ZoPL58Q

July layoff

Collection department as well as multiple other departments layoff in mid July.

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| 1917 views | |
Post ID: @ZnSgW1v

Chase Mortgage Loan officers in Wisconsin

I hear they are hiring Chase Mortgage Loan officers in Wisconsin. I do not think there are layoffs, I think Chase is adding headcount. Things may be different outside of Wisconsin, I have no details on that but for Wisconsin things are not looking... —  read more 

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| 971 views | |
Post ID: @ZhMPqWp

Delaware Layoffs

A couple groups in Financial Control just received word their jobs are moving to India. They have 45 days to train their replacements and find new roles

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| 1619 views | |
Post ID: @Z5AitUb

Genius Dimon

JPMorgan Chase will invest $125 million in programs to encourage people to save money, while heavily outshoring and outsourcing jobs... Great PR, less US Jobs!

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| 788 views | |
Post ID: @Z4zNE3v

Any more layoffs?

What's happening? Will there be more layoffs tomorrow or next week? I hate the lack of transparency regarding layoffs at this bank. If we had better management, they'd tell us what's going on - whether it's good or bad. What a bunch of cowards we... —  read more 

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| 4030 views | |
Post ID: @YYvsrn4

Major GTI layoffs

JPMChase just had a meeting yesterday announcing that 50% of the GTI staff @ Jersey City location was going to be terminated to make room for the Sr management move from 270 park renovation. It's very sad to have learned this especially when they... —  read more 

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| 1578 views | |
Post ID: @YYhEt2W

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