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
Topics regarding layoffs at JPMorgan Chase & Co.
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.
Here’s a list of finance firms’ job cuts since Jan. 1: JPMorgan Chase & Co. is dismissing hundreds of workers in its asset and wealth-management division as part of a periodic review of staffing levels.
WTF? Layoff UW and processors in June, now positing positions for processors? Maybe looking to replace higher paid employees with lower paid ones?
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
How are they looking this year better then last year or worse?
Should I take that as good news that there'll be no layoffs any time soon? Or am I too optimistic?
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?
Had enough . No job is a life sentence .
Chase Auto will be shutting down their Wilmington, DE office sometime in early 2020.
This is a generic discussion thread to capture comments about potential Chase Layoffs 2020? Any news or rumors?
Once again rumors are starting to swirl that Chase is not renewing the lease at the tower in Milwaukee. They primarily do home equity and just starting mortgage processing. There is also sales there. Anyone have any solid info on this?
Anyone hear what Janie has in mind for November and December layoffs/rifs?
I applied for some internal jobs but I was honestly so ready to leave. Had my job move or be eliminated three times in my 13 years there. Took my seven months of severance and went to a new company. Keep your options open. If there's an internal... — read more
We were given until Dec 14th and then getting laid off in KYC in Columbus. Great xmas present.
Got 10 years in, then a lay off notice last week. Not sure if I should take the money and run of course this does kind of leave a sour taste in my mouth. Anyone else wanna share what they did?
I call bull on that whole "don't worry about closings, there's enough open positions for everybody elswhere" talk. They don't want us to panic so they'll tell us anything they believe we want to hear. I'm betting you not even half of it comes true -... — read more
I have to laugh when I see articles about the hiring efforts of Chase to hire veterans, people with criminal records etc. Jaime Dimon stating that employees would count more than shareholders. At the same time alot of work is being transferred to... — read more
Well Jp Morgan Chase does not like to call it a lay-off. They refer to it as an opportunity. And they are focusing in on tenured employees. Mind you they are moving a lot of their banking over seas.. what does this mean for customers?? In a day and... — read more
I Just left a meeting with all of the staff and found out that all of card and retail teams in columbus are going away come 2nd quarter of 2020. They site customers are using chase online and mobile app more instead of calling in which seems odd to... — read more
This is puzzling, at least... This is per Business Insider, coverage of "World’s Most Attractive Employers 2019" (WMAE 2019) Source Study: https://universumglobal.com/wmae-2019/ PDF File:... — read more
Hmmm. Nothing about the purge of Lending Mangers, Senior Lending Managers, and 2 District Directors that occurred Friday October 5th? Huge amount of lending managers were let go in order to align management with the ever dwindling retail home... — read more
I was replaced by cheaper H1B sponsored labor. I thought maybe they got rid of everyone ....nope just the high paid folks that have been there a while. This should be a crime.
There's word the J P Morgan Chase Auto branch in Wilmington, DE will be shutting down soon and positions will be moved to Dallas Fort Worth. Hiring has been on hold for over a year and no new advancement opportunities have been posted. Chase Auto... — read more
So for about the last 6 months J.P. Morgan Chase the credit card division has been laying employees off left and right. Anyone with any tenure are in jeopardy and what is their reply. Illinois is an at will state and they don’t need a reason. They... — read more
How many people and which dept in NJ were affected?
Heard some rumors, any truth to them?
There is not a need for JPMorgan to lay-off employees. There is a desperate need for better leadership in the mortgage bank. For some id–tic reason, senior leaders who ran other major banks mortgage business into the ground (to the point they exited... — read more
While Chase will layoff hundreds, we also hire hundreds more in new opportunities and initiatives. The layoffs are meant to pay for the new hires. As for the elimination of the jobs, it encourages managers to be more efficient with the hires at... — read more
I got layoff after less than a year with JP Morgan Chase. Nothing to do with performance, just job elimination due to budget cuts. It went from getting a raise in my career to ruining my career. I am too embarrassed to ask my previous employer for... — read more
Go for it if you live in NY and a) don’t mind getting rift’d within 8 to 16 months of getting a position, b) willing to put up with managers who know A LOT less than their staff and whose goals are to not get rift’d and get promoted at the cost of... — read more
I'm a Sr manager and Just learned that Chase GTI will be laying off hundreds more in the US by October 15th,2019
You're welcome. 9/9/19 Chase NY and NJ will be rifted. https://www.teamblind.com/article/9919-Chase-NY-and-NJ-will-be-rifted-zxMxJOJE Why is JP Morgan Chase laying... — read more
I heard layoffs for GTI are now, not in October, it’s too close to Thanksgiving. Anyone have concrete news.
Batten down the hatches. Enjoy the Holiday weekend. Proof that resume because this one is gonna be yuuuge
I was laid off in June. Applied for a position outside Chase that needed a reference. So I texted my boss & these are her exact words “Hey Sorry I was not at my desk when you called. I was told that Management has advised us we can only be a... — read more
Don’t believe anything your manager tells you. They are going to tell you what you want to hear. Take care of yourself!!!