What happened

I am leaving after many years spent here and I am looking forward to my last day. If I could give advice to those who are staying and trying to keep their jobs, I think the most important thing is to make your manager look good. In short, this would... — read more 

"JPMorgan Chase & Co. CEO Jamie Dimon warned investors on Monday that he expects markets to remain volatile for the foreseeable future, and that the S&P 500 could easily fall another 20% as the Federal Reserve continues to raise interest... — read more 

Did you know if Sedwick or HR still approving extension for covid related health accommodation approval? To still working from home. ? I know they don’t release public cases on the building but is knowing people getting sick.

"The investor of "The Big Short" fame noted in a Friday tweet that there are 218 companies with a primary stock listing in the US, a market capitalization north of $1 billion, and annual losses exceeding $100 million. Of those, 29 boast market caps... — read more 

That's what I heard. I'm not really surprised, but if they cut some of the best employees, morale will soon be non-existent.

https://www.ft.com/content/f6d8d454-2413-4f2b-945d-825d0a68730b Always a good idea to be working on a backup plan.

Any word on what is happening with field folks? I know all field has a meeting Oct 3.

There is very little transparency, as usual. I hate that this is way I have to inquire about what is happening, which locations and which departments are affected. I only know that my motivation to continue working here has never been this low.

My SRE brothers and sisters, You will be retained because we're already running lean.

What is this I'm reading about reduced severance? Can anybody clarify, please?

The first round seemed to be lower performance based and people on write ups.. but what stats did they use this time, if any? Seems like some higher performing people were let go this round. At this point is it just randomized?

Az just got the invite for 1:00 meeting

Have emails gone out yet? If they have what departments were impacted? I’m sick to my stomach over all this.

Share with those impacted Get copy of your paychecks Review Scorecard Update your personal email address to get necessary information & updates #I’mImpacted

More large zoom call layoffs Crazy things employees who have very strong scorecards ~ great rankings were let go. Feel better now that the zoom call is over! Considered an active employee through Nov 6 ~ but medical benefits good through Nov 30... — read more 

There were layoffs announced in Correspondent Lending today. I am located in Jacksonville and I am one of the impacted employees.

Please post updates/any information on future layoffs here. With so many lay offs is it still reasonable to expect it to go thru 9/29? If so, is it going to be the same depts and states?

Post updates here.

What time will the emails be sent out to go to the zoom meeting?

Do only mortgages roam thelayoff.com? I only ever see mortgage people here. What about all the other depts

I see that there are many who are very anxious about whether they will be affected but I am more indifferent than ever. I would like to find a new job before I get cut, but I don't worry so much anymore even if the opposite happens. I don't know if... — read more 

Even if you survive this round of layoffs, the wisest thing is to never stop looking for a new job. Because, for those who survive, I believe it will be harder than ever, and who knows what will happen at the end of the Q4.

The CEOs of the biggest U.S. retail banks, including JPMorgan Chase's Jamie Dimon and Wells Fargo's Charlie Scharf, are set to testify before the Democrat-led House Financial Services Committee Fed to raise rates today another 75 pts

Is it true? What about Arizona?

What Is going on for the CCS's in Jacksonville?

If I'm going to be cut, I'd rather it happen sooner than later so I don't have to wait in uncertainty as to whether I'll be a target. Of course, I would like to find a job while I still have a job, but I think that this uncertainty is more... — read more 

If you work from home will they call you back Into the office or will they do it over zoom.

The only thing any of us can do at this point is to make sure that we're prepared to the best of our ability for when it happens. This means making sure your resume and LinkedIn profile are updated and that you're constantly networking. Reach out to... — read more 

I know many of us are concerned over what might happen during the next few days/weeks. I thought it might be easier to start a new thread where updated information can be posted instead of having to search multiple places. please post accurate... — read more 

“We will see if JPMorgan is right in their more optimistic views, but history suggests that with the Fed actively hiking rates and reducing their balance sheet, the outlook is more cloudy with a chance of heavy rain". Is this what everybody been... — read more 

As we all know more lay-off’s are coming sometime this month. It’s been a very bumpy ride this year with a lot of unknowns. I want to say good luck to everyone and hang in there!

Why are they making us go to the office if we have no work to do? What is the point?!!

Management has been going to the Phillipines to train our replacements in u/w and ccs for the past couple of months. Expect a clean sweep of our areas. Congrats Phil. This veteran employee will miss his contacts made but will NOT miss the constant... — read more 

I am hearing it will happen 09/14.

Fake news everywhere. Fake management everywhere.

So what is the reasoning why waiting till 09/29. Why not just rip the bandage off sooner.