Thread regarding JPMorgan Chase & Co. layoffs

How many were cut yesterday?

I heard it was brutal, do we have the full number by now? I tried to find info online, but shockingly, there is no mention of JP Morgan layoffs anywhere. I guess we as a country are so numb to layoffs by now that it doesn't even make the news anymore. How sad is that?

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Post ID: @OP+15ZMu0nU

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Jpmc rarely discloses layoffs publicly. They lay people off all the time...using the layoffs as a tool to reallocate resources over time, while gaining efficiencies. So they cut 20% here, add 10% there. I can tell you that Risk and Finance cut headcount 20% over the past couple years, and I’m guessing they’re looking to cut more (I no longer work there, so can’t say for sure).

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Post ID: @zsec+15ZMu0nU

//About half the AML KYC team was cut in Dallas //

Is that the one which is part of AWM?

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Post ID: @xgez+15ZMu0nU

About half the AML KYC team was cut in Dallas

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Post ID: @xvlx+15ZMu0nU

trying to figure out the same, seems like hundreds across CCB and CB

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Post ID: @dnf+15ZMu0nU

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