Thread regarding JPMorgan Chase & Co. layoffs

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It seems JPMC is laying off with the same velocity of Wells Fargo. Although the scandals are not as publicized as at Wells Fargo I'm sure they have their own "issues."

Any employees here can shed light into the chaos or is JPMC needing to layoff just to boost their balance sheets?

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Post ID: @Zqqr3Ng

13 replies (most recent on top)

Hi there: I'm Michelle Davis, a reporter at Bloomberg News. I cover JPMorgan Chase and would love to chat with some of you about what's been going on. I am happy to keep the conversation off the record if that makes you more comfortable. My email is [email protected]

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Post ID: @Zqqr3Ng-Tfav

In my department a manager was made was made "VP of Alternative Site Opportunities" not hard to figure out the plan. I'm sure the plan will ultimately fail, but not before a lot of people lose their jobs. Welcome to the Jungle...

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Post ID: @Zqqr3Ng-eyip

Dont trust your coworkers. They will lie and throw you under the bus to save their own skin.

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Post ID: @Zqqr3Ng-bnpo

They're all outsourcing software development to india and IT helpdesk and customer service jobs to the Phillipines.

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Post ID: @Zqqr3Ng-axgx

It happened to me. I had to train my replacement for at least a month to get my severance. Apparently this is legal.

You cannot imagine how humiliating it is!

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Post ID: @Zqqr3Ng-6jwv

Live and die by the sword. They caught a worker in India taking pictures of his computer screen with his iPhone. Major privacy breach! Can you imagine how many others in India ops are doing the same thing?

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Post ID: @Zqqr3Ng-6iil

Chase is outsourcing to the Philippines and India so by by US processing jobs

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Post ID: @Zqqr3Ng-5fdo

Chase is outsourcing to save $$$

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Post ID: @Zqqr3Ng-5qre

You mean the CFPB and OCC?

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Post ID: @Zqqr3Ng-5kaj

Numerous ethics violations at Chase need to be reported to OSHA

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Post ID: @Zqqr3Ng-4gbk

Well anyone who gets laid off should anonymously give an interview or supply evidence of misconduct to a major newspaper like the LA Times or NY Times. That's how Wells Fargo got brought down to its knees.

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Post ID: @Zqqr3Ng-1mod

Trust me, Jpm has and has always had just as much dirt as wells.

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Post ID: @Zqqr3Ng-1dta

They probably have as much dirt as Wells Fargo but haven't been caught yet.

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Post ID: @Zqqr3Ng-1xqt

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