JPMorgan Chase & Co. Layoffs

Topics regarding layoffs at JPMorgan Chase & Co.

March layoffs

Are these still happening? Any insight would be appreciated?

Layoffs Galore

https://www.cnbc.com/amp/2020/03/18/jpmorgan-says-it-will-close-20percent-branches-because-coronavirus-pandemic.html

Tone deaf

Job is being eliminated since October. All the phone reps were placed into roles where the managers weren’t. The last phone reps leave Friday. More than 15 managers remain and they still haven’t helped find us jobs but we aren’t being offered... —  read more 

Golden Opportunity

https://www.linkedin.com/pulse/timing-next-financial-crisis-under-construction-dahn-shaulis/?trk=mp-author-card https://collegemeltdown.blogspot.com/2020/03/coronavirus-and-college-meltdown.html

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Layoffs and the Corona Virus

If they are going to layoff, it would be good if they did now. Workspaces to not provide the social distance being suggested (mandated?) and they are managers are not providing guidance, telling people to keep their distance or ware gloves at work. ... —  read more 

Have the late March layoffs been confirmed?

Several people have mentioned in the past month or so that we are looking at major layoffs at the end of this month - meaning sometime next week or the one after. Has this been confirmed or is it still only in the realm of rumors? I’d really like to... —  read more 

JP Morgan cuts in Europe

How soon before this spills over here? J.P. Morgan plans to release dozens of its Swiss-based employees, according to information obtained by finews.com. The biggest U.S. bank may cut as many as 140 jobs in Switzerland, according to information... —  read more 

Dimon's Recovering Well

https://www.cnbc.com/2020/03/06/jpmorgan-chase-ceo-jamie-dimon-expected-to-fully-recover-source-says.html

HR going thru cost centers

I met with my manager today and told me HR is going through all of the cost centers and did not elaborate. He acts as the COO for the department and manages hiring and firing. Was he trying to tell me that I am being laid off without coming out and... —  read more 

Next Layoffs May/June 2020

It’s been confirmed with insider next layoffs after the investor meeting in April will take place in consumer lending around May or June 2020. The exact date not know yet.

Top Performance Employees get ZERO opportunities

Management prefers low performance employees because they do not outshine them. Management really can’t stand top performance employees who get ZERO opportunities and the low performance Employees know this so they do not even bother to strive for... —  read more 

Layoffs in march

Anyone have the dates for the layoffs on March who will be affected?

Loan Origination Risk of Future Layoffs

Just an FYI Chase just rolled out an automation tool for automatic loan modification to prevent people from refinancing. They currently targeting qualified customers by using their mobile apps. This is a trial period where they don’t need loan... —  read more 

02/06/2020 Layofffs

The layoffs happened earlier this morning at our Plano site in Texas. The department started with over 400 people in 2015 now we down to about 25 after today. Our AVP had flooring meeting and said the cut will continue and most likely another round... —  read more 

Unionize

Any interest if we get the ball rolling on the possibility of forming a union ?

How many people work at Chase?

What's your guess on how many employees the company will have before the end of the year? How about the overall headcount? And headcount at NYC?

What is going on with Chase?

JPMorgan Chase has begun the lay-off process for their seasoned recruiters in the USA. Replacing their staff with call center representatives (no human resource experience required) . They are changing their strategy in the direction of HIGH VOLUME... —  read more 

Bonus????

When are we going to know about our bonuses? I mean how long must we wait... they were paid out last year much earlier. What is going on? I heard layoffs soon.

Home Equity Processing MKE

WTF? Layoff UW and processors in June, now positing positions for processors? Maybe looking to replace higher paid employees with lower paid ones?

Moving Jobs to Argentina and India

How about when you are training your “backup” AKA your replacement overseas? You know that you are next out the door. The company looks so nice from the outside but at the end is just a greedy business focused on the money and cheap labor. The... —  read more 

So quiet here

Should I take that as good news that there'll be no layoffs any time soon? Or am I too optimistic?

CCB in Columbus

Any opinion on the CCB in Columbus? Any layoffs there recently? How is work/life balance? Would it be a good area to take a job at?

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