JPMorgan Chase & Co. Layoffs

Topics regarding layoffs at JPMorgan Chase & Co.

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 

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Post ID: @13a72Y7M

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.

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Post ID: @138mi7zx

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?

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Post ID: @1328BLjL

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 

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| 623 views | |
Post ID: @132NjVLU

Bonuses this year

How are they looking this year better then last year or worse?

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| 1540 views | |
Post ID: @12VHwcdH

So quiet here

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

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| 1491 views | |
Post ID: @12Fxu9CE

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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| 1372 views | |
Post ID: @12tC6wXL

Chase Auto

Chase Auto will be shutting down their Wilmington, DE office sometime in early 2020.

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| 759 views | |
Post ID: @126l3S0X

Chase Layoffs 2020

This is a generic discussion thread to capture comments about potential Chase Layoffs 2020? Any news or rumors?

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Post ID: @125QdEK8

Chase Tower Milwaukee

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?

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| 502 views | |
Post ID: @11UOw1BU

Keep your options open

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 

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| 1557 views | |
Post ID: @11OVoG9D

KYC Columbus

We were given until Dec 14th and then getting laid off in KYC in Columbus. Great xmas present.

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| 1081 views | |
Post ID: @11N3oCyo

Should I take the package or try to stay in

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?

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| 1826 views | |
Post ID: @11NvW7KZ

Does anybody actually believe Jp Morgan management?

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 

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| 1250 views | |
Post ID: @11GRUdIC

Recent news article regarding Chase hiring practices

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 

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| 2192 views | |
Post ID: @11D6r7yk

Columbus credit card & Retail

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 

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| 1643 views | |
Post ID: @11yx88Ct

Anyone from IT cares to comment on this?

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 

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| 1569 views | |
Post ID: @11rbqR3Z

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 

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| 1456 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.

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| 1553 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 

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| 821 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 

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Post ID: @11ofhzgs

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 

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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 

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| 2586 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 

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| 2425 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 

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| 1403 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

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| 2238 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.

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| 1520 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 

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| 2089 views | |
Post ID: @10LU8okc

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