Topics regarding layoffs at JPMorgan Chase & Co.

Topics regarding layoffs at JPMorgan Chase & Co.

Stone Oak Site - San Antonio

Anyone have any info on why they are pushing people to move from the stone oak site to the Wiseman site in San Antonio? More and more keep being forced to move, leaving a lot of the site feeling empty?

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| 990 views | | 4 replies (last September 26, 2023)
Post ID: @OP+1o8OEftV

Constant fear of layoffs

I am of the opinion that you should not worry too much ahead of time, however, I fully understand everyone who is feeling constant stress from the layoffs. Is it worth working in such an environment? I'm thinking of leaving even for a slightly... — read more 

Advancing XYZ Pathway

If you are in line for ice cream, wait patiently for your turn. Cutting in line is unacceptable behavior. We've observed too many unqualified individuals cutting in line in this place. In fact, the entire staff running the "Advancing XYZ Pathway"... — read more 

Layoffs Sept. 2023?

Has anyone heard of any layoffs yet? Around this time last year, there were lots of lay-off rumors. HL markets are being switched around due to business needs. Some CCS who were averaging 20 loans may now only have 5-7 starting soon.

Stolen ideas

It's become very toxic here. From what I hear, it seems that it is not a rare case at all that people find themselves in a situation where managers have stolen their ideas and presented them as their own?

COVID accommodation ending

Per Sedgwick they are done and now JPMorgan Chase Hr will take over for future claims . Did any one received email from HR regarding when you need to come back? I’m in JAX

Children in workplace…

Delaware location just sent a memo that prohibits children in office… that wouldn’t be an issue if you let employees wfh instead of forcing people back in the first place, now they are b*tching about an “issue” when you took away the solution by... — read more 

How many next :O

https://www.reuters.com/business/finance/jpmorgan-plans-63-job-cuts-jersey-city-2023-07-11/

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| 1500 views | | no replies yet
Post ID: @OP+1nCIIhdu

Starting to look for remote work outside

sick of playing bosses' games to make us come in somehow - holding town halls and important meetings in-person "required" on days we are supposed to be remote, yet the bosses never show up. Started to look for full-time remote today. found a few... — read more 

Hiring Freeze

Does anyone have any information on why it is so hard to open new positions in CCB? Is this per department and team or across the board? When will the restrictions be lifted? Is there anything that can be done to get a new req approved?

Pay for VP role

Can anyone suggest the pay to negotiate for VP role at JP Morgan? How flexible are teams with remote work?

Horrible

Horrible management, All-they-can-spam D&I emails, lazy coworkers/pretenders.... Please add your insights!!!

Does the Firm have a mandatory vacation policy???

I have been working here for a couple of years and ask if anyone knows is there is a firmwide requirement that you must take at least one weeks vacation? I work with a woman who never takes a vacation day? Is this possible my last employment had a... — read more 

What exactly is JPM hiding?

https://www.foxbusiness.com/features/jeffrey-epstein-was-asked-help-craft-virgin-islands-s-x-offender-law-first-lady You don't drop 280 Million to hide nothing. Jamie needs to be a open book about this, no one should work for a company that's... — read more 

Why the firm wants you to RTTO

And no, it’s not because it benefits you, the employee, even when they are trying to sugar coat it https://youtu.be/jrsRvozsUQ8

THE SOCIETY AT JPMC

MANAGERS DUMP UNSUSTAINABLE AMOUNTS OF WORK ON TENURE EMPLOYEES AND THE MANAGING DIRECTORS THINK THEY ARE gods HORRIBLE SOCIETY AND THE NEWBEES ARE NAIVE! THIS IS WHY THEY PREFER THEM OVER TENURE SKILLED EMPLOYEES

June layoffs?

Any chatter in stateside home lending layoffs? Specifically TA/CDA?

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| 1430 views | | no replies yet
Post ID: @OP+1mZdWzwo

RTTO insights

https://fortune.com/2023/06/05/half-finance-workers-would-quit-bosses-required-them-more-time-in-office/

Will JPM become the new top dog in mortgage?

With Wells Fargo significantly cutting back and with all the problems in the IMB/correspondent space….JPM is uniquely positioned to be #1 in mortgage. Which would be a little ironic since Jamie doesn’t care for the biz. Chase actually does have good... — read more 

Rarely does anyone feel appreciated here

Maybe I'm wrong, but I have the impression that employee dissatisfaction is greater than ever, at least since I've been working here and I've been here for a very long time. People want to feel appreciated, but who can say that they feel that way... — read more 

What’s the scoop on Springfield?

Heard two different things in the last week or so. First, heard no more hiring there and they are going to allow attrition to take care of things. Then, jus heard about packages and layoffs. Anyone have info?

Jaime knew

https://www.washingtonpost.com/business/2023/05/26/epstein-jpmorgan-client-s-x-offender-warnings/

Safest department

Rumors of layoffs make me very anxious. I'm preparing anyway, although I refuse to believe that the rumored layoffs will be so big. Do you think there are some departments that are safer than others?

People are mad about this !

We have an email distribution error and it went to firm wide by mistake and people are mad when replying all asking for removal. Seeing them being so mad on such trivial thing is really cute :)

CCS Soft Layoffs in Springfield MO

Removing all non customer facing positions. Forced to relocate or demote. Full hiring freeze and leadership bluntly stated there are no growth opportunities that do not require relocation now. Letting 2/3 of buildings lease expire. Use your PTO... — read more 

WADU

https://www.reddit.com/gallery/13iqvqj

No career path for Technology roles

I am a Senior Lead with 22 year of experience and extensive technical background. I did not understand the employee ranking when I hired on. My title in my previous company was Senior Principal. I have many colleagues who are less skilled, have just... — read more 

How valued do you feel at work?

Do you feel valued at all? Of all the places I worked at in my 15-year-long career, I feel the least appreciated at JPMorgan. Had I known how little the management thinks of employees here I would have never accepted the job offer two years ago, but... — read more 

Start considering smaller banks

Don't get stuck looking just at the big banks. Many smaller banks are more than eager to hire talented individuals from bigger banks and are often willing to offer competitive compensation packages to do so. True, you may need to forego your bonus... — read more 

Are layoffs imminent?

There are many rumors out there that layoffs are coming but I hope that they are not true.

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