Thread regarding JPMorgan Chase & Co. layoffs

Home Lending RIF April 2021

Home Lending will see a significant reduction in April 2021.

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Post ID: @OP+19cie97y

12 replies (most recent on top)

ok... made it to April... now what?? or should I say ... when?

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Post ID: @Yvms+19cie97y

The word is rif rif rif
Its coming but that is ok as I will use the time to lean programme skills as table and alteryx are easy. I can lean them in 2 weeks

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Post ID: @Czrk+19cie97y

20 more days until April... what is the word on this... I cant wait to get laid off!!!!!

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Post ID: @Cscb+19cie97y

Any other line of business that are affected ?

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Post ID: @8pmn+19cie97y

Hang in there team. Thank you for your service.

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Post ID: @8bzv+19cie97y

Right there with you super tired I wanna be riffed

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Post ID: @8uea+19cie97y

well that is only 2 months from now.. i am tired and burnt... guess i will try to stay until then

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Post ID: @8mou+19cie97y

There will be a big I told you so post coming the 2nd half of April.

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Post ID: @6qpe+19cie97y

Outsourcing and offshoring is the strategy. Our department has created a whole new role that mirrors my role, for outsourced vendor workers. They are begging us to train our replacements. We have been asked to sign a retention contract to stay at Chase until 6/30 in exchange for a monetary incentive. Contract is a long legal document obviously carefully crafted by Chase lawyers to give the company multiple ways to screw us out of the incentive pay. How stupid do they think we are?

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Post ID: @4isz+19cie97y

Do you know if it is an across the board cut? Similar to last year where they cut I believe 1% of the workforce?

Or potentially more targeted at say Servicing?

Appreciate the notice!

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Post ID: @3fea+19cie97y

Check my previous posts. You'll see how accurate I am.

Hiring "left and right" isn't a baseline for security btw. You'd be a fool to believe that.

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Post ID: @3pyr+19cie97y

and you know this how?? Considering the department is hiring left and right

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Post ID: @3uzz+19cie97y

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