Topics regarding layoffs at JPMorgan Chase & Co.

Topics regarding layoffs at JPMorgan Chase & Co.

3 days wfh

Is it true that chase is going three days wfh and 2 days in office?

Chase Layoffs 2024

What are your thoughts about potential Chase layoffs? Any chatter, news or rumors?

Eligible for re hire?

I was terminated from my position at jpm back in 2017 after being put on a PIP (my manager was absolutely terrible). Does any one know how long a PIP stays on your record? Am I correct to assume if I apply for a different job now whoever the hiring... — read more 

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| 2670 views | | 6 replies (last February 11, 2024)
Post ID: @OP+1qjynLUW

Current severance plan

Hi all, employee at a rival bank that seems to copy JPM in everything. Curious, what is JPMs severance schedule, ie , how many weeks per year of service, max cap, etc do they offer for severance? Thx

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| 5130 views | | 6 replies (last January 12, 2024)
Post ID: @OP+1qaz4aNe

RIFs coming in Jan?

Any idea on upcomming RIFs? I received 2Gs which def looks like a RIF strategy after a year of good performance?

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| 2810 views | | 7 replies (last January 11, 2024)
Post ID: @OP+1q8ng5rM

Collections layoffs!

Many of us are being laid off or straight fired!! More to come per my manager and higher ups. Get out asap!

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| 1840 views | | 3 replies (last December 15, 2023)
Post ID: @OP+1q3MUQNm

AI training for JP Morgan employees

What could possibly go wrong? https://fortune.com/2023/10/17/guild-education-startup-ai-learning-program-frontline-workers/

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| 1190 views | | no replies yet
Post ID: @OP+1pZfi71K

Flex work

3rd month offering this Flex 32 hours a week and the good thing you can stay home for the month. This is been offer on home lending no sure other areas ; but any inside if they are just waiting for layoff ? Normally happens around March.

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| 1280 views | | 1 reply (December 8, 2023)
Post ID: @OP+1pXjRsW3

Bonuses

Does anyone know the date when bonuses will be paid out in January?

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| 2140 views | | 4 replies (last January 19, 2024)
Post ID: @OP+1pRGE0q9

Preliminary IC is out

I heard that preliminary IC numbers are out. Has anyone heard anything? I’ve heard that it’s horrible and I’ve also heard that comp for some people are up…

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| 2940 views | | 7 replies (last December 27, 2023)
Post ID: @OP+1pAw6YWR

Those half day raffles…..

Is the firm really that cheap that it only gives out half day as their raffle prize instead of something more practical , like cash prizes, or how about a full day at minimum ? So when someone is off, their colleagues will have to fill in for the... — read more 

401k repayment loan

Hi for those who got let go and got outstanding loans from your 401k. My question is if I got layoff do I still need to make payment or they will deduct from your balance. Per policy got confused mention sometimes keep making payments. Please any... — read more 

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| 1650 views | | 6 replies (last November 17, 2023)
Post ID: @OP+1pop07tB

Are people randomly getting RIF's?

Are they doing severance with this round of RIF's or is it just 1 person here and there. We had two HLA's just randomly fall off our team this week and I think both were let go. I didn't talk to these 2 much so I don't want to bug them and ask if... — read more 

How can this be true?

JPMorgan Chase is the only major bank to see positive headcount growth in 2023 https://www.forbes.com/sites/qai/2023/10/23/big-bank-layoffs-number-thousandswith-more-on-the-way/?sh=5d716a7718f0

4 days?

Someone mentioned we are going to be 4 days in office from February 2024. Has anyone heard this, is this for real?

Bye bye jobs

I used to love to work here. The pressures on us now to not ever make a mistake is overwhelming. I pride myself on being a type a hard worker. But you're going to go back 90 days and implement failing us on something in all my years here we never... — read more 

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| 2950 views | | 5 replies (last October 11, 2023)
Post ID: @OP+1oWoHsP0

JPM Managers don't give a ....for emoployees

JPM Corporate Service has shown its true colors during this major weather emergency in NYC. For those with access to E-mail received updates on the weather BUT with lack of leadership in the office due to a reorganization, no managers were in too... — read more 

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| 1630 views | | 4 replies (last December 18, 2023)
Post ID: @OP+1oQKaJ5L

Jobs going to Manilla 2024

all CCS jobs will literally be gone come next year! Everything will be offshored to Manilla! And it’s not like the warning signs are not evident!

A FMLA Q

So, my wife's been working over at JPMorgan, and guess what? We've got a baby on the way! She'd planned to kick off her FMLA leave by the end of this month and even went ahead and applied for it. But here's the kicker - she found out today that... — read more 

Concern over changes

They are Closing several branches, lots of bankers up in the air including me and I’m less than a year with this company barely getting any pvc from this dead branch. I still don’t know where I am going and we are closing this week. I am concerned... — read more 

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| 1350 views | | 3 replies (last October 9, 2023)
Post ID: @OP+1oHTkmWm

When will it be our turn?

So many banks have either announced or conducted layoffs in the last few days. I'm worried it's inevitable that we're next.

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| 2950 views | | 13 replies (last September 22, 2023)
Post ID: @OP+1oAzEswv

Slow again

Anyone hear of any CCS layoffs in Tempe? It’s so slow right now and upper management is finding us anything to do to keep us busy. With rates being so high and volume so low it’s only bound to happen. I really hope we’re all safe. — read more 

When you reach a certain age - you should just leave.

I work in a corporate area with a few seniors. I mean real seniors, past the 75 golden ages. Though some are more active than others, some refuse to share or help train for fear of losing their position, at least when they are not dozing off. Then... — read more 

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| 2160 views | | 6 replies (last September 29, 2023)
Post ID: @OP+1o9712ox

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

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