Thread regarding JPMorgan Chase & Co. layoffs

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 RECRUITING. Personal observation: concern for a lack of employment law experience here. Word is they are not providing severance pay for their HR members and have not made good on vacation time earned by those seasoned and "so-called" valuable employees. Basically, they are demonstrating how valuable their human resource people really are. According to my source, some of these HR specialists have given a huge chunk of their careers to this organization. WOW! WHAT IS GOING ON WITH CHASE?!

Originally posted by @6cya+132SsOQO.

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Post ID: @OP+13a72Y7M

3 replies (most recent on top)

Things are not always done the right way at the Bank, but I doubt they would be playing with fire by not paying severance pay to full-time employees being released. Especially HR full time employees who "should" know the policies.

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Post ID: @3god+13a72Y7M

This is nonsense posted by someone who seems to be very bitter. Do you really think human resource positions would be only group to experience a lay-off and not get severance?

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Post ID: @1vel+13a72Y7M

HR, like IT is a cost center, not a revenue generator. Understand layoffs, but don't get why they wouldn't get severance or be paid out accrued vacation.

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Post ID: @1pua+13a72Y7M

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