A half a trillion by JPM alone to alleged militants, d–g traffickers and corrupt officials. How does Jamie get away with this time and time again? This place has been fined so many times it's insane. This guy must be pulling some uber smooth... — read more 

Layoffs or RIFs are supposed to be either this week or next. Has anyone witnessed or heard of anything happening yet? In my experience most often these types of things happen on Wednesdays....so I know this post may be a bit early.

Young and offshore resources are much better in value.

There will 100% be layoffs in CCB Digital, inclusive of NY metro. Not clear how many...maybe "only" 5% or so, but there is absolutely a Digital layoff list that the execs have. It's been around for weeks, but changes are still being made. I've heard... — read more 

We got caught red-handed yet again for having poor Ops and Compliance risk controls. When are the regulators going to start coming down harder on this dumpster? Dimon this just talking about will make it ok. This guy should be fired for this.

P.Morgan Chase cuts are likely to fall between 5 percent and 10 percent of current headcounts, Reuters quotes Alan Johnson, head of compensation consultancy Johnson Associates Inc., as saying. Johnson estimates that most of the cuts will come in... — read more 

Dimon thinks he can sidestep this by claiming it was discovered internal, I say BS we got red-handed. How does this guy get away covering this up so quickly and so often? And then he blames us. Total dirt bag.

https://news.efinancialcareers.com/us-en/3004413/h1b-visas-banks-tech-firms

I am hearing, not sure if fact or rumor, that JPMC is not hiring H1B this year and also they are not giving new internal opportunities to H1Bs if you want to change your project? I am on H1 and want to know if I will be impacted? I am seeing work... — read more 

VP Managers demoted in work responsibility to associate teams doing the SAME WORK AS ASSOCIATES No more No less while RETAINING their VP Manager Title and salaries? Should not the associates then be promoted to VP Managers since we are doing the SAME... — read more 

Many Managers, VPs and Execs are in charge of departments but know nothing about the jobs or work they oversee. They understand the concept and what THEY NEED TO DO, but don't know what the staff is actually responsible to do. When faced with the... — read more 

How often do they lay-off in a year ? Already 2 waves were done this year....

https://www.bloomberg.com/opinion/articles/2020-09-10/citigroup-beats-jpmorgan-to-shatter-wall-street-s-glass-ceiling-with-jane-fraser?srnd=premium

Has anyone heard on Oct layoffs ?

Once again money first, health second. Dimon and his jacked-up heart mean he's gone with his billion-plus in the next year or two. Other banks will eat this place alive shortly after. Time to start looking for an exit strategy now.

Outsourcing & Layoffs - shame on firm like this 16+ hrs of work in a day runs from India, 8 hrs shared among US & Argentina... Laying off employees during pandemic... Hiring all h1s.... What a shame.... does the top management ever feel that... — read more 

i Referred a very competent friend of mine for an open position Dev/Ops at JP. Instead of focusing on his skills , he was deemed not qualified by the Recruiter. I argue that it’s time to focus on closing the opportunity gap, not only for the benefit... — read more 

https://www.cnbc.com/2020/09/08/jpmorgan-says-some-employees-have-fallen-short-as-bank-probes-abuses-of-government-relief-funds-.html

https://www.revealnews.org/episodes/homewreckers/

I have knowledge that they are working with outside consultants for some massive cuts underway. Lots of jobs will be moving to India. The goal is a 50% headcount reduction with automation and customers moving to online platforms. Its over boys... — read more 

For years now I've noticed lots of incompetent people at JP. specially Many technogy VPs and above do not cut the mustard. I recall dealing with one that no one would question, even when incompetence was his best asset. It was clear, but somehow... — read more 

Anyone else hate coming to work? I want to get a laid off and get a package.

Asking for a friend

Let me tell you this sad fact: this industry is systematically shrinking. All jobs gone won’t come back. There will be more funds closing than opening in future. Less new jobs will be created. More smart people will fight for an investment or trading... — read more 

“I don't see how you could come to the conclusion that a single financial advisor in a small branch bank in Okemos, Michigan, which is a suburb of Lansing, Michigan, could inflict irreparable harm on a financial giant like J.P. Morgan,” the judge... — read more 

yey the stock market flying high, why is that? Wallstreet is not the Economy. and Yes, the stock market is a ponzi scheme but until the masses come to the same conclusion the scheme will be alive and well. I won't worry too much about the... — read more 

Any detailed information regarding this annual activity??

Lawsuit: JPMorgan Chase Gave Preferential Treatment to Large Clients Seeking PPP Loans https://www.prnewswire.com/news-releases/lawsuit-jpmorgan-chase-gave-preferential-treatment-to-large-clients-seeking-ppp-loans-301102642.html

Anybody have any information on any upcoming riffs? I had heard there would be another round in September, but no details. Seems like there may be reductions in compliance and ops risk.

Any layoffs in CCB in NY metro? Does anyone have inside info?

Not heard anything but I am too low on the food chain and since work from home, sitting in bat cave cut off from humanity.

Shocking to see this board is so quiet. Is it fear or apathy?

Can anyone in the risk organization confirm if there’s layoffs looming? Considering open positions and am external. How large are the first and second line risk functions?

https://www.cnbc.com/2020/08/10/banks-and-tech-companies-including-jpmorgan-google-and-amazon-form-new-york-jobs-council.html

Hi. Im a wells employee and Mandy Morton is getting ready to cut a ton of jobs. She has shown zero compliance knowledge and is only concerned with pushing the diversity card. Under her, wells has missed several key regulatory deadlines. Can someone... — read more