Thread regarding JPMorgan Chase & Co. layoffs

Bloomberg: JPMorgan Cuts Hundreds More Mortgage Workers Amid Housing Woes

Um, "Hundreds"? Try THOUSANDS!!!

https://www.bloomberg.com/news/articles/2023-02-08/jpmorgan-cuts-hundreds-more-mortgage-workers-amid-housing-woes

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Post ID: @OP+1l5GG6D0

5 replies (most recent on top)

Was impactful to more than just mortgage workers. Plenty of employees across other areas laid off today as well.

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Post ID: @1xnw+1l5GG6D0

You have enough hundreds and you have 1000s. Semantics.

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Post ID: @hdr+1l5GG6D0

https://youtu.be/toL1tXrLA1c

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Post ID: @iiw+1l5GG6D0

You missed this gem:

“We continue to hire in many other areas and work hard to redeploy impacted employees,” the representative said. “In the last year alone, we added more than 22,000 jobs.”

[Yeah, you do, in Manila and India]

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Post ID: @owj+1l5GG6D0

“As we’ve said in the past, we regularly review our business and customer needs and adjust our staffing accordingly – creating new roles where we see the need or reducing positions when appropriate,” a spokesperson for New York-based JPMorgan said in a emailed statement.

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Post ID: @vez+1l5GG6D0

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