Anyone have the dates for the layoffs on March who will be affected?
Topics regarding layoffs at JPMorgan Chase & Co.
Management prefers low performance employees because they do not outshine them. Management really can’t stand top performance employees who get ZERO opportunities and the low performance Employees know this so they do not even bother to strive for... — read more
Anyone experienced this ?
Any interest if we get the ball rolling on the possibility of forming a union ?
Just an FYI Chase just rolled out an automation tool for automatic loan modification to prevent people from refinancing. They currently targeting qualified customers by using their mobile apps. This is a trial period where they don’t need loan... — read more
Had enough . No job is a life sentence .
For those who were doubting it, it's definitely happening.
Good luck out there.
This is a generic discussion thread to capture comments about potential Chase Layoffs 2020? Any news or rumors?
The layoffs happened earlier this morning at our Plano site in Texas. The department started with over 400 people in 2015 now we down to about 25 after today. Our AVP had flooring meeting and said the cut will continue and most likely another round... — read more
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?
People keep mentioning it and we haven't heard anything at my location.
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.
WTF? Layoff UW and processors in June, now positing positions for processors? Maybe looking to replace higher paid employees with lower paid ones?
How are they looking this year better then last year or worse?
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
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
Should I take that as good news that there'll be no layoffs any time soon? Or am I too optimistic?
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.
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
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
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?
Share any updates you may have about Chase Layoffs in 2019 or beyond?
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
Chase Auto will be shutting down their Wilmington, DE office sometime in early 2020.
Anyone hear what Janie has in mind for November and December layoffs/rifs?
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 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.
Heard some rumors, any truth to them?
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
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
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
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
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.
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