Thread regarding JPMorgan Chase & Co. layoffs

I remember when I moved internally I negotiated a higher title in the same arena so they had to make another posting with the correct title and grade - then had me accept the offer on that new one. So they took down the old, and the new already had a selected candidate even though it was public to all….I really hope they have since enhanced their process because that always bugged me they did that as I wondered how many people were wasting their time applying :(

@qrrp+1shCay8D - Thank you for the explanation. I saw what you described first hand. I found job posting where I met all the qualifications. I also have many more years of experience than the current employees on that team. The req was taken down in week and no one has been hired. It seems similar to what you described.

I was part of a RIF in Sept 2022 and found out from the re-hiring outsource company that the hiring managers use AI to scan resumes for key words. Therefore, if your resume is not customized to the open position, you won’t even get to the phase of having a person actually review your resume for the open position.

Like what one person commented here, the jobs are not intended to be filled as they are taken down later. It's just a placeholders so that they can sponsor green card to employees on a visa.
They tell uscis that they interviewed Americans but found no one qualified.
Then they'll take the job down to sponsor the current employee the green card.
I've seen this happen on my team and also if you see the job reqs, they're often take down frequently.

As told by my Mgr, sometimes they're just job posted which were never intended to be filled.
Then once 2 weeks has passed, hms can take it down.
It's just a ghost job, most likely with budgets

Some jobs reqs are posted to gather resumes. I stumbled across one of them. I happened to know the hiring manager so I knew what was happening.

Wealth Management is the worst. The woman who heads that group is an egotistical maniac. She also slept her way to the top.

Yea I interviewed, they invited me back to a second interview verbally and then never called

My friend who was on the team said that manager had already told the whole team they were not hiring and the posting was to promote someone internally and not replace them due to lack of volume.

They definitely do have quotas and they are going through motions, which is sad because it twists the intent of the process to really bring in new perspectives that make an organization better

Managers usually have someone in mind. They go through the motion of interviewing and declining. Once the appropriate period goes by, (2 weeks of posting?) the job is offered to the candidate of choice who is asked to post if they are if they will accept.

Little faith in recruiting in general with practices I have seen.

I had a friend tell me they were the first African American in their area, and they watched them decline others who were really great candidates only to hire the African American candidates who she felt watching them work had zero know how (and also now are looking for a new job within a year). This person said she had no doubt they were pushing to hire African Americans.

Another friend told me a recruiter started a call with asking them about whether they were apart of some Black Pathways things.

Feels like DEI is really pushing some sort of unfair thing for the jobs they may be hiring for….

@9jnw+1shCay8D any layoff in CCB jersey City?

JP Morgan had a big layoff today (05/07) in ET (enterprise technology) which has impacted multiple LOBs and roles including Agile Coaches and SM

Chase doesn't like g-y people or people with disabilities. I was laid off after 12 years and I'm sure my s-xual orientation had a lot to do with it. There was nothing I could do about it.

Aside from the other comments - They probably are not actually filling the postings

Ge-z sounds like my experiences and worse.

Agree with a lot of applications right now, does seem odd you are not getting rejected quickly if they aren’t wanting to interview you though

Honestly, a hiring manager will look at a 100 resumes and know who they really want to hire. All the other candidates only have a shot if their favorite candidate doesn’t want the job. 95% of people interviewed don’t have a real shot at getting the job.

I have noticed stuff too, get the feeling half their postings are for show or already have an internal applicant selected. Maybe just to act like they are hiring more than they are, same postings on repeat for a year. Reputation means more than remembering candidates times are valuable too

I knew someone I worked with once, honestly the smartest most meticulous person I knew. Always helping everyone solve problems. They Finally interviewed for a promotion and they promoted the guy they could have beers with instead of the one who was really good at their job. Guy they promoted was actually telling employees to do things against policy because they didn’t actually know what they were doing. That person got the job then started bullying their now employee who was their competition for the original promotion. It was crazy because that person did nothing but run circles supporting them in private. I remember seeing that person in tears, they left work in the middle of the day because they overheard name calling. Really sad, because they were genuinely busting a-s to help the new manager. I remember they were monitoring the pipeline and drafting communications to de escalate for the manager who couldn’t keep up while they did their own job. Manager even started calling them names laced with racism with others on the team and creating division. That person left Chase and became an asset to a competitor, if Chase only knew their managers were saying they were hiring for culture as a facade for hiring drinking buddies.

Wild to watch. Comments on profiles would make sense. Although I’ve seen people get caught cheating on their testing for their roles and Chase kept them employed too. I have seen people who owe Chase money get rehired too.

Probably just a lot of applicants and since they know something about you that may deter management your at the end of the list

That’s kind of scary.

You could leave toxic management in all the right ways and they could retaliate with a comment that prevents you from getting future jobs with no ability to defend yourself since you don’t even know about it.

I think most managers wouldn’t do that, it’s more likely you’re on some timer due to job history or failed interviews. Some sort of temporary do not hire stop. Tough market too.

I think this person is saying they aren’t even getting interviews, seems like your saying the manager review comments last thing maybe.

Wonder what sorts of things former managers are allowed to note about people outside of the formal reviews, improvement plans etc.

I have seen Chase hire back some of the subpar performers, who owe money, and or had attendance issues. I have also seen them promote the people with charisma and no know how based on attitude alone. May just be you’ve applied to too many things and they don’t understand why other than to get your foot in the door. Tough situation if you’re trying to pívot and try something new.

Recruiters are human
They are bias
They like the slam dunks

if you worked at jpm then your previous manager might have put comments in your profile after you left. Generally hiring manager can check the comments before making final decision.

current job market is such that for one opening you get over 100+ applications, it tough and frustrating, going thru a similar ordeal. I also feel :-

1. a lot of Hiring manager are pushing their candidates over the others.
2. postings are for collecting resumes for H1B application process

Crazy they asked you about your kids during an interview. Why would you want to work for someone like that anyway?

Cronyism and checking boxes rules at Chase. If you have a history to explain, they are going to call the silent quitter first that says all the right things. They probably do have some sort of sh*twist where they don’t choose you for a year of something.