Anyone hear about any layoffs in Cyber in NY area? So many tech people being laid off across different industries.
2/8
Good luck to everyone tomorrow in CD. Remember there are other jobs out there. You are strong. Keep positive.
Central banking system is coming to an end
Hey everyone, the fiat dollar is no more. We are becoming gold back currency. No need for central banks anymore. You might want to start looking for another job now.
2/8 Layoffs
I’ve read that they were doing 60% - 80% cuts in home lending, has anyone heard this from a reliable source? I also keep reading that CCS and HLA are amongst those being laid off. Has anyone heard about CDA’s being let go this round?
What happens next…?
Who knows what will happen with layoffs- Who is safe/gone. Once they happen, does anyone have insight on what happens next? Typical severance? Internal movement opportunities? How long they’ll keep you on for?
This is really exhausting
Such a terrible lack of transparency only raises tensions and makes the already bad atmosphere even more toxic. I know that we are all just a number to them, but don't we deserve at least a little more transparency?
Columbus site UW and Zoom invite
I am in the Columbus UW site and A few days ago, my manager sends me an email saying to expect a zoom call invite and he has no details on what it is. The subject title was “employee readiness” and he said that each team had to provide one person to... — read more
Layoffs 2/2
Any word on them being today???
How is wfh tracked?
My entire team is in a different state and I’m the only one in my location.
Branch Operations Support Layoffs 2023
Has anyone heard of any layoffs in Branch Operations Support?
Layoff 2/8
Are there and CDA’s, coverage or support in here? I see a bunch of comments about HLA’s but want to know if anyone has any insight on other roles that are goong to be cut.
Field HLA question
So it has been extremely slow the last few months and difficult to meet the minimum requirement to get paid. Will the firm just keep us around since we are not costing them much and they will have an extra body in the branch to assist customers... — read more
Remember This..
First, thank you to the serious posters who offer insight, sound advice, and truth. Second, please remember you are not your job. You are important. You were hired in the first place because you are an amazing human being. The cyclical feast... — read more
Layoffs on 2/8
The rumor where I am is 2/8 and that it involves all CD HLA’s. The source who told me said they heard it from a reliable source, so who knows. 2/8 is a Weds which would make sense as a date since I believe all would be working on site unless they... — read more
Trying to save my job for as long as possible
I'm hoping for the best, but I'm preparing just in case. The fact that I have been looking for a better offer for a little longer than three months makes me a bit nervous. In the meantime, I'm trying to do my best here with the hope that it will... — read more
Layoffs 2023
Does anyone have any reliable info on layoff dates and departments?
RealClearMarkets: "Is Jamie Dimon Aware of the Partisan Double Standard Inside His Bank?"
More good press for our bank, and our fearless leader. https://www.realclearmarkets.com/articles/2023/01/24/is_jamie_dimon_aware_of_the_partisan_double_standard_inside_his_bank_877106.html "Maybe it’s time for CEO Jamie Dimon to spend a little more... — read more
The feeling that they want you to leave
At the moment, I'm not sure if it's just me imagining things because I'm anxious, or if the manager really wants to make me leave this place on my own. Reading some posts on this forum, I got the impression that there are many more of us who feel... — read more
To All the Top Performers Don’t be discouraged when people talk down to you, demean you, try and copy you, not speak truth to your great work
Remember they are just trying to throw you off to benefit, advance themselves and watch out when the workload is changed to benefit under performers Stay your successful course in all good conscience and know that you are truly doing a Great Job
Fortune: JD says remote work ‘doesn’t work’ for bosses, young workers, or ‘spontaneity’
Well it was fun while it lasted :-/ https://fortune.com/2023/01/20/jamie-dimon-davos-remote-work-managers-young-workers-women/
Site Impacts
Am I the only one thinking AZ and Jax are in bigger trouble than Columbus. Based on AZ numbers they have the most bankers and Jax has the fewest.
90day offboarding
Just got the 90 day offboarding email. I know where this is going as I got the same thing in HL before being forced to card services.
Raises for underwriting
Anyone hear anything about raises for underwriting?
Manilla will now be training us
So I’m told that Bobby is super impressed with the CCS’s performance in Manilla. After call listening.. they sound “much happier than us”. Supposed to be training us now how to preform better. After 7 months of fearing for our jobs and having... — read more
WSJ: Big Banks Might Face Breakup, Top Regulator Says
Acting Comptroller of the Currency says size and complexity can make banks too big to manage Jamie is NOT going to be happy about this! https://www.wsj.com/articles/too-big-to-manage-banks-may-face-breakup-top-regulator-says-11673982801
Columbus Ohio
Any layoffs in Columbus ohio Easton location any rumors I rather be layoff then work for credit card !!!
2023 bonus thread
Might as well start one….
Reporting conduct violations
Person is very aggressive with certain people and has many instances of treating them disrespectful and demeaning them. I know this can be reported to the conduct line but I'm afraid I don't trust that I can truly remain anonymous and avoid... — read more
I try not to worry ahead of time
However, I am still very worried about whether I will be among those who get laid off. Waiting in uncertainty is really stressful. How do you cope with layoff anxiety?
Contradicting himself…..
Our big man took back what he said about economic hurricane in the article below and said they are still hiring despite layoffs….. so I guess the same principle can apply about what he said on hiring, that he can change him mind about hiring down the... — read more
Stressful situation training and cross training
My department was TOLD that each individual needs to know each other's job otherwise your job is on the line. Not a bad idea to cross train and it should have been done years ago. The ISSUE is that the managers/supervisors are not managing it or... — read more
How busy are you?
Some complain that their work is very slow. In my case, it's just the opposite.
Hiring on question
If you have investments, Roth etc…, with Fidelity and you accept a job with JPM, does JPM require you to move all of your investments under the JPM umbrella?
Home Lending Worries
Seems like the tides are turning and things are getting very very tight. Any word on layoffs?
Job Status "Under Review"
Any job that I apply for goes in "Under Review". Hoping someone can provide clarity what does that mean? Thanks in advance.
How’s the tech space?
Any stability in the tech space for JP?
CFO's Expect Hard Landing
https://www.cnbc.com/2022/12/28/dow-headed-below-30000-slim-chance-of-soft-landing-for-economy-cfos.html
Any insights on layoffs?
I just came to ask if someone might have more insights on cuts. Some colleagues speculate that there could be cuts already in January, while others do not believe that there will be any before February.