Thread regarding JPMorgan Chase & Co. layoffs

While the staff keeps shrinking each month JPM enjoys a TaX cut!

While the company moves jobs to Asia, South America and Eastern Europe each month, in April of 2019 the Chairman of JPMorgan told investors that “The new tax code establishes a business tax rate that will make the United States competitive around the world and frees US companies to bring back profits earned overseas,” Dimon said. “The cumulative effect of capital retained and reinvested over many years in the United States will help cultivate strong businesses and ultimately create jobs and increase wages”.

I guess JPMorgan was speaking about the other "too big to fail" company as it quietly ushered staff out the door.

by
| 949 views | |
Post ID: @10j0P3v0

5 replies (most recent on top)

laid off few months ago. 3 years with Exceeds. was thanked with 2% raises.

by
|
Post ID: @10j0P3v0-lldi

Referring to jobs in other countries? What about in the US? Isn’t the US a country with an able workforce?

by
|
Post ID: @10j0P3v0-5hls

I got best performance rates, too, but no raise in salary. That pushes me to seek other jobs. No way to stay here at JP.

by
|
Post ID: @10j0P3v0-3zny

Better wages is a lie too. I was rated as a top performer and my raise was $.0.0 a long with almost all in my dept. I was told Chase felt I made enough, I said I bet Jamie will get a bonus raise, and he did 5% over last year.

by
|
Post ID: @10j0P3v0-1wmo

He was referring to create jobs in other countries.

by
|
Post ID: @10j0P3v0-1fwr

Post a reply

: