Thoughts? Any Chase layoffs? Any chatter, news or rumors?
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$84,500,000,000 Exits JPMorgan Chase, Wells Fargo and Citigroup in Three Months As Depositors Take Flight
Three of America’s biggest banks just watched $84.5 billion worth of deposits disappear in a single quarter.
JPMorgan Chase, Wells Fargo and Citi all recorded an outflow of deposits in Q3, according to each bank’s most recent reports.
JPMorgan Chase’s new Q3 earnings report details a $31 billion decrease in deposits from $2.387 trillion to $2.356 trillion. Wells Fargo reported a $7.1 billion decrease from $1.3474 trillion to $1.3403 trillion, while Citi recorded a $46.4 billion drop from $1.3199 trillion to $1.2735 trillion.
I am sorry but Chase Bank is losing many business customers in Charlotte, NC and the Carolinas including myself, Valerie Bocz.
Reason: I sent a complaint to Jamie Dimon, President and CEO of Chase Bank concerning a Chase Bank Credit Card FRAUD with Israeli companies on 9/28. I also sent a complaint to the following: Executive Office (Mail Code OH4-7120), 3415 Vision Drive, Columbus, OH 4321. This was a waste of time and effort.
I’m sorry but HLA assistants are the most useless people to ever roam the halls of Chase. They sc--w stuff up and hound people til no end and think they know my job and everyone else’s job. Good Riddance
A few HLA Assistants let go today.
Just got the Zoom meeting today, just a little bit after 6 years at Chase 😔
Processors have been cut.
Just had the zoom meeting, layoffs happening now.
I heard it’s happening 2/9 or 2/10, at least 1700
I am hearing that most assistants are being let go, and anyone in an hls roll will need to go to an HLA roll by April.
Many HLA's are being head hunted. It will be interesting to see what shakes out.
Layoff percentage 3-10 based on department. It's confirmed only a matter of time 3rd week before the bonus in Jan is the word on the street..
Any insight into percentage of layoffs?
Feb 2023…the lists went to senior management
Possibly end of January? Pipelines are lower than ever and I can't imagine things picking up before spring. This time of year has always been the slowest and now the rates are just making it worse.
WF did theirs 12/1……..I wonder how long until jpmc follows suit
With how low our pipelines are it's shocking we 1) still have jobs 2) so many of the few loans we have left went to Philippines.
Enjoy the respite and be ready when they turn off the lights.
There’s no way it’s not happening soon or by January… mortgage is so low on loans