JPMorgan Chase & Co. Layoffs

Topics regarding layoffs at JPMorgan Chase & Co.

Retail Mortgage Layoffs

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 

by
| 457 views | |
Post ID: @11rme9wv

I got laid off this week ... GTI delaware

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.

by
| 631 views | |
Post ID: @11qfPJge

JPMorgan Chase Auto branch in Wilmington closing

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 

by
| 281 views | |
Post ID: @11pvJs1C

Jp Morgan Chase credit card division Elgin il

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 

by
| 581 views | |
Post ID: @11ofhzgs

Women are marginalised

Having been a veteran at the bank for many years, I have seen how women are marginalised here . Women are given peripheral roles to keep them quiet and denied success even when deserved . It’s sad to see this in this day and age. They hired... —  read more 

by
| 625 views | |
Post ID: @11o1rXMH

There is not a need for JPMorgan to lay-off employees

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 

by
| 1184 views | |
Post ID: @11b1ZIQm

The layoffs are meant to pay for the new hires

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 

by
| 1739 views | |
Post ID: @110sEAtV

Got layoff after several weeks

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 

by
| 1598 views | |
Post ID: @10ZFTD2u

If you in only for a short term job...

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 

by
| 920 views | |
Post ID: @10YdUmm6

Chase layoffs

I'm a Sr manager and Just learned that Chase GTI will be laying off hundreds more in the US by October 15th,2019

by
| 1585 views | |
Post ID: @10YAFkDP

Layoffs September

I heard layoffs for GTI are now, not in October, it’s too close to Thanksgiving. Anyone have concrete news.

by
| 1192 views | |
Post ID: @10SJlUzx

Using your boss as a reference post lay-off

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 

by
| 1354 views | |
Post ID: @10LU8okc

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 

by
| 742 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?

by
| 1058 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 

by
| 1430 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

by
| 1260 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 

by
| 1055 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 

by
| 2279 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 

by
| 1817 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 

by
| 1480 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.

by
| 852 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 

by
| 2070 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 

by
| 1625 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.

by
| 1226 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 

by
| 1791 views | |
Post ID: @ZG0Ry8I

Start a new thread - post a news comment, question or message:

: