It's my first year at Chase and I am 602 in Technology. Can someone please tell me what will be range of bonus?
No raises, bonuses cut for JPMC employees VP and above
Spouse just got the news today. No merit raises. Bonuses cut 5%. Due to looking ahead to potential challenges in the coming year. For people thinking, oh, those fat cat VPs can handle it... JPMC calls assistant managers VPs and while the pay band... — read more
Can your position be performed72 overseas?
In order to know if you are at risk of being laid off, you have to ask yourself one single question: Can your position be performed by someone cheaper overseas? In my case, I would say yes, however, my counterparts say no. Since we deal with... — read more
Are we being spied WFH?
I notice that once in a while when switching tabs from the Appsphere to another tab that is out of VPN, my screen flashes like it is a warning saying "Go back to work!". Does anyone feel like this as well?
Maximum salary of Associate 602
I want to join Chase as Associate 602 with role of IT Developer. Can someone please advise what is maximum salary I can ask to recruiter? I don't want to ask above limit which may deny my application before interview.
JPM PAC and Contributing
Anyone contribute to the JPM PAC thinking it would help you not be on any layoff list or anything? I figure no one contributes out of fear but wanted thoughts. Now it says JPM will not favor or disadvantage anyone based on their contribution or... — read more
Year-end bonus.
2020 year-end bonus should be all in now, any news leaked from budget committee yet?
JPMorgan hiring while layoffs are happening.
I noticed JPM is hiring in NYC and other cities in the US while everyone is talking about layoffs. What is going on. Are they actually hiring? Are they real jobs?
Cybersecurity Professionals Not Finding Jobs
https://www.govtech.com/blogs/lohrmann-on-cybersecurity/why-are-some-cyber-pros-unemployed.html
Work from home is here to stay.
https://www.foxbusiness.com/economy/jpmorgan-jamie-dimon-work-from-home-sibos.amp Up to 30% of JPMorgan staff will work from home on rotating basis: Jamie Dimon
JPMC workforce of 256,710, would hold managers accountable for diversity targets
https://www.cnbc.com/2020/10/08/jpmorgan-chase-makes-30-billion-commitment-to-help-close-americas-racial-wealth-gap.html
The Second Phase of Unemployment Will Be Harsher For American workers displaced by recession,
https://www.theatlantic.com/ideas/archive/2020/04/americas-compassion-for-the-unemployed-wont-last/610243/
Look around, this place ia full of the pretenders..I know 6 of them.
just like the 31 year-old JPMorgan VP's viral resignation. https://news.efinancialcareers.com/uk-en/3004565/lucy-puttergill-jpmorgan
Question regards severance
I worked at JPM for 8 years now, How many weeks I will receive if I get layoff?
Massive Layoffs Starting at US Bank Today
@OP+17dEoYD5 https://www.thelayoff.com/t/17dEoYD5
Visiting from the Wells Fargo thread on this site.
Just wanted to see if other banks are going through the same thing as Wells. The similarities in thread topics and comments from employees are strikingly similar.
JPMorgan Finds More Than 500 Workers Got U.S. Virus Relief Funds
https://finance.yahoo.com/news/jpmorgan-finds-more-500-workers-213506314.html
CRIME RING...JP Morgan Chase admits to US market manipulation and agrees to pay $920m
https://www.theguardian.com/business/2020/sep/29/jpmorgan-chase-admits-spoofing-us-market-manipulation-pay-920m
This week?
Do we know if they are done with the layoffs started last week or can we expect more in the next few days?
Inside the JPMorgan Trading Desk the U.S. Called a Crime Ring
https://finance.yahoo.com/news/inside-jpmorgan-trading-desk-u-080014057.html
Current State of Banking
This article is a good synopsis of what is going on in the banking industry right now. Expect headcount to be cut 5-10% at all banks. The reward for employees having been more productive working at home is getting fired. ... — read more
It is Over mission accomplished
Jamie Dimon and Larry Kudlie declared that the V shaped recovery is self sustaining and no additional stimulus is needed, He added, "we have a Mortgage boom, auto loan boom, construction permits boom, payroll increase boom, Weekly unemployment claims... — read more
Thanks for nothing Mr Dimon
Break my butt for years at The House of Morgan and I get laid off as my thanks. Multiple MDs, EDs, and VPs let go today. Culture is lousy. Managers are lousy. Wasted a lot of years staying.
Sad to say.... But cuts are far from over
Now that the reaping has happened in GFCC, sources are saying cuts will continue in other departments. 5-10% reduction is anticipated.
JPM lay-off
Just heard from a friend who works at JPM, major layoffs happened today September 24,2020!
RIF Today. Tons already gone
Large number of people being let go today. Here’s hoping some of us survive. 4 gone from my immediate team.
Stop bash Mr Dimon! He is a really decent guy,
Plus he is our master, remember?
JPMorgan to pay almost $1 billion fine to resolve US investigation into trading practices
JPMorgan to pay 1B https://www.cnbc.com/2020/09/23/jpmorgan-to-pay-almost-1-billion-fine-to-resolve-us-investigation-into-trading-practices.html
NEVER ENDS!
https://www.telegraph.co.uk/business/2020/09/23/jp-morgan-set-pay-record-1bn-spoofing-fine/
GFCC compliance ops RIF
GFCC Compliance Investigations RIF will be announced tomorrow or Friday.
Regarding Jamie Dimon Comment
long ago Jamie Dimon lashed out at U.S. government policy during the previous company's quarterly earnings conference, stating it’s “almost an embarrassment” being an American citizen traveling the world because of policies hindering business... — read more
Jumping Ship to BoA
Nikki Acton, head of global liquidity solutions at JPMorgan is returning to Bank of America later this year as head of cross channel international sales. Jean Mah, an equity trading veteran who spent over two decades at JPMorgan
Compliance Firings in NY Underwater, No one Knew?
In some cases the bank kept moving illicit funds even after U.S. officials warned them they’d face criminal prosecutions if they didn’t stop doing business with mobsters, fraudsters or corrupt... — read more
North Korea reportedly laundering money through US banks to evade sanctions
https://nypost.com/2020/09/21/north-korea-reportedly-laundering-money-through-us-banks/ LAYOFFS?
JPMorgan fires several employees who took Covid relief funds
https://m.dw.com/en/fincen-files-big-banks-money-laundering/a-54995003 What about Jamie Dimon? will he be called upon The FinCEN findings JP MORGAN CHASE extensive international research on money laundering and financial crime. They show how... — read more