Topics regarding layoffs at JPMorgan Chase & Co.

Topics regarding layoffs at JPMorgan Chase & Co.

How much is Bonus of 602?

It's my first year at Chase and I am 602 in Technology. Can someone please tell me what will be range of bonus?

No raises, bonuses cut for JPMC employees VP and above

Spouse just got the news today. No merit raises. Bonuses cut 5%. Due to looking ahead to potential challenges in the coming year. For people thinking, oh, those fat cat VPs can handle it... JPMC calls assistant managers VPs and while the pay band... — read more 

Can your position be performed72 overseas?

In order to know if you are at risk of being laid off, you have to ask yourself one single question: Can your position be performed by someone cheaper overseas? In my case, I would say yes, however, my counterparts say no. Since we deal with... — read more 

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| 2300 views | | 7 replies (last November 5, 2020)
Post ID: @OP+17yLjzSN

Are we being spied WFH?

I notice that once in a while when switching tabs from the Appsphere to another tab that is out of VPN, my screen flashes like it is a warning saying "Go back to work!". Does anyone feel like this as well?

Maximum salary of Associate 602

I want to join Chase as Associate 602 with role of IT Developer. Can someone please advise what is maximum salary I can ask to recruiter? I don't want to ask above limit which may deny my application before interview.

JPM PAC and Contributing

Anyone contribute to the JPM PAC thinking it would help you not be on any layoff list or anything? I figure no one contributes out of fear but wanted thoughts. Now it says JPM will not favor or disadvantage anyone based on their contribution or... — read more 

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| 1440 views | | 1 reply (October 18, 2020)
Post ID: @OP+17sPoT4D

Year-end bonus.

2020 year-end bonus should be all in now, any news leaked from budget committee yet?

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| 4031 views | | 9 replies (last November 11, 2020)
Post ID: @OP+17qTw2id

Work from home is here to stay.

https://www.foxbusiness.com/economy/jpmorgan-jamie-dimon-work-from-home-sibos.amp Up to 30% of JPMorgan staff will work from home on rotating basis: Jamie Dimon

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| 2270 views | | 5 replies (last October 13, 2020)
Post ID: @OP+17kDXMWB

This week?

Do we know if they are done with the layoffs started last week or can we expect more in the next few days?

Current State of Banking

This article is a good synopsis of what is going on in the banking industry right now. Expect headcount to be cut 5-10% at all banks. The reward for employees having been more productive working at home is getting fired. ... — read more 

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| 1830 views | | 2 replies (last October 1, 2020)
Post ID: @OP+179Vd54x

It is Over mission accomplished

Jamie Dimon and Larry Kudlie declared that the V shaped recovery is self sustaining and no additional stimulus is needed, He added, "we have a Mortgage boom, auto loan boom, construction permits boom, payroll increase boom, Weekly unemployment claims... — read more 

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| 1500 views | | 3 replies (last September 27, 2020)
Post ID: @OP+178otVXM

Thanks for nothing Mr Dimon

Break my butt for years at The House of Morgan and I get laid off as my thanks. Multiple MDs, EDs, and VPs let go today. Culture is lousy. Managers are lousy. Wasted a lot of years staying.

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| 3030 views | | 12 replies (last October 11, 2020)
Post ID: @OP+177bN9eH

Sad to say.... But cuts are far from over

Now that the reaping has happened in GFCC, sources are saying cuts will continue in other departments. 5-10% reduction is anticipated.

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| 1444 views | | no replies yet
Post ID: @OP+177tTNjy

JPM lay-off

Just heard from a friend who works at JPM, major layoffs happened today September 24,2020!

RIF Today. Tons already gone

Large number of people being let go today. Here’s hoping some of us survive. 4 gone from my immediate team.

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| 2770 views | | 7 replies (last September 25, 2020)
Post ID: @OP+176keThO

NEVER ENDS!

https://www.telegraph.co.uk/business/2020/09/23/jp-morgan-set-pay-record-1bn-spoofing-fine/

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| 681 views | | no replies yet
Post ID: @OP+175tFZaQ

Regarding Jamie Dimon Comment

long ago Jamie Dimon lashed out at U.S. government policy during the previous company's quarterly earnings conference, stating it’s “almost an embarrassment” being an American citizen traveling the world because of policies hindering business... — read more 

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| 1233 views | | 3 replies (last September 23, 2020)
Post ID: @OP+174z2M9x

Jumping Ship to BoA

Nikki Acton, head of global liquidity solutions at JPMorgan is returning to Bank of America later this year as head of cross channel international sales. Jean Mah, an equity trading veteran who spent over two decades at JPMorgan

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| 1120 views | | 3 replies (last September 23, 2020)
Post ID: @OP+174E73RO

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