Thread regarding JPMorgan Chase & Co. layoffs

Jersey City wave of layoffs today

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Post ID: @Z4u2gKS

14 replies (most recent on top)

You should hear how senior management talks about the staff. They refer to them as id--ts, wastes of time etc....this is in all departments. These so called leaders are nothing but harrassind and dehumanizing bullies. The time has come for middle class workers to stand up for themselves and speak their mind and let the press know exactly how JPM operates. Karma s---s, and the worst kind for JPM is a bad reputation for everyone to see.

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Post ID: @Z4u2gKS-4cec

You will work pending exit BAU , if you have priviledge access it will be offboarding soon after this notification

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Post ID: @Z4u2gKS-3obu

Do u go home the day u get notice and then get paid for the 45 days or do u stay working?

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Post ID: @Z4u2gKS-1rfj

Just layoffs in legal or all of Ccb?

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Post ID: @Z4u2gKS-1ivv

CCB Legal told one number of total layoffs for 2019, then reality was that this number was far exceeded

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Post ID: @Z4u2gKS-1brg

Work 45 days and then receive severance outlined in the severance policy.

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Post ID: @Z4u2gKS-1ztz

Is it 45 days they have to work after they get notice or is it leaving on the same day and then getting paid for 45 days?

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Post ID: @Z4u2gKS-1adv

45 Days, including some VPs

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Post ID: @Z4u2gKS-1mpm

How much notice do people get? Are they walked out the same day? Do they get WARN act pay?

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Post ID: @Z4u2gKS-1wav

This happened today?

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Post ID: @Z4u2gKS-1tcg

Actually many MDs may or may not be needed.

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Post ID: @Z4u2gKS-1zom

I heard 10% gets laid off

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Post ID: @Z4u2gKS-1bsh

Not only in Jersey City, NYC as well

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Post ID: @Z4u2gKS-hdw

Any details of which groups and how many?

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Post ID: @Z4u2gKS-iit

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