Soft layoff. That’s why they didn’t do layoffs last year when other banks were. Because JP was waiting to check out how AI/ML models rollout performs across its various lines of business, now they can see the pilot results are past their initial expectations so they can rush the layoffs earlier as RTO. Win win for JD and shareholders, who cares about employees they will get whatever resources they need in India, cheaper.
Bumping this up for visibility from @ec+1jh6dhx1n.
To whoever posted about ridiculous expenditures in holding offsite meetings and bars with loud music - that’s where all the insider information gets passed on to government officials, politicians, other traders, etc … so it’s by design. The offsite has no surveillance because it’s higher ups, only peons have surveillance.
Well if they want us to quit, let’s not disappoint them. I will definitely quite quit until they lay me off. Don’t get cheap with me with my severance
Maybe it is the whole goal of RTO is surveillance 5 days a week. This may be required for certain positions such a trader but the rest of the company being subjected to the same rules doe not make sense. I also do not understand the offsite meetings where thousands of dollars are poured down the drain. There is nothing revolutionary created during these offsite meetings, in fact people are less productive than being in the office. I do not see anything during these meetings that cannot be done remotely. Then there is always the cr-ppy bar with really loud music where a group dinner happens. It is very hard to hear each other and a complete waste of time and money. I am surprised the company surveillance has not reached the bar.
What amazes me is how the RTO is viewed as some golden goal. Those days are passed. WFH is as effective as you make it. In the office is not delivering some epic results.
Jobs report is out. Better pay and work life balance exists. Remote!
Save up your money. Your kids are going to need it more then you.
My quiet quitting started today. I’m not going above and beyond. I’m not asking to assist. I’m doing just what I’m told. Nothing more and maybe a little bit less. Fu-k Jaime Dimon. He’s a literal piece of fu--ing sh-t. 🖕🏻🖕🏻🖕🏻