Thread regarding Chase Bank layoffs

Grade Changes

Need some feedback here on Chase Bank - has anyone had their job reevaluated and their grade changed yet? For example 602 to 502, 502 to 406? If so, we're you told pay may change? There is a ton of rumors on this topic and there a few threads on this on JPMorgan's page here as well.

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Post ID: @OP+HMBeCIk

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Yes this place really s---s. I applied but the salary they offered was 20% below where I'm at and the bonus potential cut significantly. Said that since I applied for the position, if I didn't accept then my employment would end immediately. Anyone else get the same heartless treatment?

Post ID: @7reiq+HMBeCIk

Yes, they advised us of this abt 2 months ago and we had to reapply for our positions; the new dept. A lot of Sups and others refused to apply due to the salary changes. We are going through our layoff on Dallas. It's just downright greed.

Post ID: @1vyr+HMBeCIk

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