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JPMorgan Chase, which reported $15 billion in profit last quarter, is cutting 99 jobs in San Francisco even as it expands its presence downtown.
The bank disclosed the layoffs in an Aug. 27 filing with the state of California.
https://www.sfchronicle.com/bayarea/article/jpmorgan-chase-san-francisco-layoffs-21020377.php
Standard Chartered CEO Bill Winters is standing out in the global banking sector by maintaining a flexible, hybrid work policy and resisting the rigid office mandates now sweeping through much of Wall Street. As peers from companies like JPMorgan Chase and Goldman Sachs urge staff back to traditional office rhythms, Winters has doubled down on a philosophy of employee autonomy and trust, placing his bank in sharp contrast to its U.S. and U.K. peers.
https://www.aol.com/finance/banking-ceo-breaks-pack-return-173930500.html
Any update on the remaining 200+ employees at the West End Center?
Some of my colleagues confirmed last day 9/30/25. Most are ready to retirements
BREAKING: Sale of former Wells Fargo downtown properties finalized - Business Record https://share.google/mat8WI41aijFJoepJ
the warning posts were correct, had a HR meeting this morning for my whole team we were laid off, I don't know which other teams or lacations where affected but heard 75 total laid off in KYC our team is only 13 people.
https://www.efinancialcareers.com/news/citi-london-cuts
What do these people even do?
I grew up in Illinois and moved to Connecticut and have to transfer $ all the time to a small bank.
Why does Cash Vault have such high turnover? They are contract workers, so they don't get displaced, but it seems like they come and go so quickly.
Finally getting BAIC back this quarter. How much are ya’ll getting?
Personally, I probably wouldn’t look for another job — I might just sell everything, buy an RV, start a YouTube channel, and travel across the country.
Any word on SF overall reduction?
Filks,
Its finally happening- a big one this time.
Wait for the announcement, coming soon
For those impacted by October layoffs. Tell’em why you mad! And details on layoff please.
Job Location:
YOE(years of experience):
LOB:
FTE/remote/contractor:
Rant(optional) (tell them why you mad!):
Don’t provide any information that could identify yourself please.
IGNORE ALL TROLLS THAT SAY A LAYOFF EVENT IS NOT HAPPENING. It is happening. Sorry to all those impacted.
NOTHING BUT THE FACTS!
Frank sold the Fiserv Costa Rica division to infinite group located in Maryland. As part of the deal, the former Fiserv associates will remain on Fiserv current engagement for a couple of years as outsourced IP, no more on Fissev’s payroll.
Next, banking division is on the way out. FB top priority is quarterly earnings, he does not give a sh-t about a single client. Just show uptick in revenue through layoffs and selling groups. This is what he did all his life. He doesn’t know how to grow revenue through customer satisfaction , and organic growth.
Expect the banking group to be out by next month to a private equity firm.
VP