Is there more layoffs at chase checks claims department any one knows ?
Rehires
Does Chase bridge your time if you come back to the company? Do they give you the same amount of vacation of what you had when you left the company? Let me know. Thanks.
Layoffs 10/22 - CMH
Looks like home lending is getting hit about right now. Anyone else today?
Home Lending Su-ks and the morale stinks
With volumes rising, gotta love the VPs who stand behind the “let’s combine two roles because we are duplicating processes “ Nonsense! It’s a way to cut costs. Oh we are more efficient? Really. Everyone is drowning but here’s a full size candy bar oh... — read more
Are layoffs coming for consumer direct (processing)
They built up the refinance bo-m coming. That lasted two weeks and Chase raised our rates why? Now loans are slowing again
New hire from APJ
Happily accepted a role in APJ (not India or Philippines). Didn’t expect to see so much layoff posts (average once per month) here as glassdoor is showing 4.0 rating. I am hired under tech. Should I be concerned about joining this company. — read more
Will get sued due to unfair layoffs
Chase will get sued soon due to unfair rifs and layoffs. Some of the teams that are dominated by indians will be carefully observed and checked to see all those who got rif'd recently and any discrimination non indjans are facing.
Manager speaks in non-English
I work in Tech and my manager speaks in Telugu most of the time during brainstorming session around his desk. All of my peers speaks in same languages with him. Because of this, I miss many key discussion about my project. I can't raise this... — read more
Calm before storm?
I haven't heard any layoff in my business unit in last 3 months. Does it mean they are brewing up something for Thanksgiving? What's going on with you BU?
Boston layoffs
There was significant layoffs in Boston yesterday. Have a good evening. I’d say morale is pretty low right now.
Layoff planning begins
With the layoff season, most layoffs are done in the US. Very little layoffs offshore like India and Phillipines. Lately as someone in management in the US I've seen way more employees in offshore with huge redundancies in HR department in Manila... — read more
No more layoff in Home Lending
Fed has started cutting interest rates and this will bring more money to Chase Home Lending. So, I don't think Home Lending employee need to panic next 1 year.
Waiting Game
Anyone have the same experience of applying for a job and hearing NOTHING? I applied for a job on 8/29 and all it says is under consideration. Should I just move on or would there be a chance? Trying not to get my hopes up but DAMN.
Update
So did anyone get laidoff?
Update- more layoffs till Nov
Prepare for more layoffs till November. Chase loves laying ppl off right before Thanksgiving. I've seen this in the past 3 years. Also white collar jobs are declining, no more fun bloated teams sitting there and doing nothing, acting busy; most jobs... — read more
EAW…
It doesn’t really do anything practical for employees. Just d-mb games, junk food and garbage bag and call it a day, or week is low effort. Rather they give out bonuses. Pretty cheap for a big bank
So many "Open to work" on Linkedin
I have hundreds of connections of JPMC employees in my Linkedin profile. I was looking all my connection and many of those from Chase are showing "Open to Work". Are lay offs happening in pockets so media doesn't get attention or am I... — read more
Which 603 role is better?
I am applying jobs on Chase job portal and 603 position for 2 roles Manager of Software Engineering Lead Software Engineer Which role has better and more stable career?
goldsach plans to cut 6%, what is JP 'plan?
not sure if JP will follow goldsach
"Role removed" is stupid excuse
My colleague, a nice man and high performer has been laid off. ED told him that his role has been removed. Why Chase didn't upgrade skill of such outstanding employee if role was endangered? We are not a body shop that people will be kept when... — read more
Business Management
How many hours do the business management individuals typically work? Looking to apply but was wondering work life balance
seriously enough
just how many advertisements are going to take over this page... its getting rediculous now!!!!!
JPMorgan to buy New York City building in more than US$300 million deal
JPMORGAN Chase is in contract to purchase a Manhattan building near its new headquarters for more than US$300 million. The bank agreed to buy the office tower at 250 Park Avenue, in partnership with Hines, from seller AEW, according to a source... — read more
Loss of White Collar Jobs
We are losing White Collar jobs as they are being sent overseas. The only way we can stop this is getting involved. Write your representative asking for Anti-outsourcing legislation. It only takes a few minutes and little effort. We can at least try... — read more
Mid year
I had my mid year and my manager said that I am on a negative trend on business result. Am I at risk of being laid off? Thanks
Are you in office 5 days a week?
I see open positions stating it's not hybrid. Does everyone work five days a week physically in office, or does it depend on the department?
Any unpleasant activity in your group?
Heard 3 RIFs in CCB today All 3 were in tech.
People who don't stay in office
Anyone reading this who is higher up in the food chain, do you think the company will go after folks who don't stay in office 4 hrs? Some people come in, login and immediately leave and go home and work from home.
smaller rifs happening here and there
Most of our projected features were taken from the devs in india teams i'm not surprised in some lobs especially CCB and CIB, we're bloated with way too many devs overlapping work with product and business analysist -side note: we don't even know... — read more
Business update townhall on July 30th
Could this be a layoff?? Any past “business updates” has always resulted in layoffs.
JPMC Had Some Of World's Worst Mailroom Managers/Operations Supervisors In The Past
This post may be slightly off-topic but JPMC for many years had the most abusive, narcissistic bullying and gaslighting Managers / Operations Supervisors running their Mailrooms, especially in the Midtown Manhattan region. Desiree' Barnes (now... — read more
More cuts in the US but...
More cuts will be happening this year till October 2024. I wont tell you the exact date. Meanwhile, over 60% of new reqs for tech are in Bengaluru Are you getting the feel for this? Good Luck
Endless job cuts will not cover up for failed mgmt
If cutting jobs is your only way to improve performance, you have no clue how to run a business.
Hire to fire cycle
As some others have noted here, I guess Chase is in constant layoff mode. We're all about hiring and firing but we do it silently. 2 weeks ago my team rif'd 2 devs and I'm pretty sure alot more got rif'd in my lob but soon after the rif, they hired... — read more
Typical JPMC discriminatory behavior
To the aholes running JPMC: Just tell us you won't be filing GC instead of wasting our time. No need to get all toxic and coming up with creative ways to fire employees. I've also witnessed the past few RIFs were purely based on discrimination due... — read more
Prepare for more layoffs 2024
Heard some senior exec saying they will increase headcount by 5 to 7% in India. We know what this means - more cuts in the US. Some of our teams work are being offshored to the India team. Just want to say 'Fck you' to leaders!
Barely literate Digital CTO
Did not speak one sentence in English that is coherent English. No tech skills. Always jet setting to his native country under some random pretext! Wonder how he got an MD promo last year! Only at JPMC!
CCB layoffs
How's ccb folks doing? Heard there's layoffs for them this month. Is it a good move to move to ccb?