Thread regarding JPMorgan Chase & Co. layoffs

Worried about layoffs

All my colleagues are talking about layoffs and in general, there is a lot of nervousness. Is there anyone at all who can feel safe? I know you will say that no one is ever safe, but still, which jobs do you think will be least affected in the case of layoffs?

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Post ID: @OP+1hattQ80

10 replies (most recent on top)

Don't be fooled, they are looking to leave major hubs in exchange for cheaper wages.

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Post ID: @3ixq+1hattQ80

They have 3 times as many people needed in mortgage originations CCS-IW- HLA) Transfer out or start applying for other jobs.

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Post ID: @3vxg+1hattQ80

What location were you let go from? When? I hate the unknown.

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Post ID: @3slw+1hattQ80

It’s is true about diversity but I will say there is one preferred group. Unfortunately I was what they now call the wrong minority. Meeting all my metrics exceeding the preferred group but was shown the door. Let’s just say with first hand knowledge dr-g testing would eliminate the low performers easily.

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Post ID: @2cxl+1hattQ80

I am starting to look for jobs now just in case.

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Post ID: @2gbc+1hattQ80

If we do in fact have a major recession there will be layoffs and job losses across all companies and industries. Prepare ahead of time just in case.

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Post ID: @2qko+1hattQ80

If you are minority, then you are safe. Black lives matter, right ? Just sue them for being racists if they lay you off. Easy

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Post ID: @2gml+1hattQ80

I don’t know as I am not worried about layoff since my side hustle is enough to cover my expenses and this firm is just for me to ki-l time so if the firm goes bankrupt, I couldn’t care less lol

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Post ID: @1kvf+1hattQ80

You are safest if your area is able to capitalize on increasing interest rates with demand in that related product and or service. I would look toward the next fed meeting June 14-15 and before the end of the second quarter to hear from leaders.

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Post ID: @opu+1hattQ80

Diversity and Inclusion related jobs are the safest

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Post ID: @xtg+1hattQ80

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