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

I noticed JPM is hiring in NYC and other cities in the US while everyone is talking about layoffs. What is going on. Are they actually hiring? Are they real jobs?

https://www.govtech.com/blogs/lohrmann-on-cybersecurity/why-are-some-cyber-pros-unemployed.html

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

https://www.cnbc.com/2020/10/08/jpmorgan-chase-makes-30-billion-commitment-to-help-close-americas-racial-wealth-gap.html

https://www.theatlantic.com/ideas/archive/2020/04/americas-compassion-for-the-unemployed-wont-last/610243/

just like the 31 year-old JPMorgan VP's viral resignation. https://news.efinancialcareers.com/uk-en/3004565/lucy-puttergill-jpmorgan

I worked at JPM for 8 years now, How many weeks I will receive if I get layoff?

@OP+17dEoYD5 https://www.thelayoff.com/t/17dEoYD5

Just wanted to see if other banks are going through the same thing as Wells. The similarities in thread topics and comments from employees are strikingly similar.

https://finance.yahoo.com/news/jpmorgan-finds-more-500-workers-213506314.html

https://www.theguardian.com/business/2020/sep/29/jpmorgan-chase-admits-spoofing-us-market-manipulation-pay-920m

bail

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

https://finance.yahoo.com/news/inside-jpmorgan-trading-desk-u-080014057.html

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 

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 

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.

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

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

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

Plus he is our master, remember?

JPMorgan to pay 1B https://www.cnbc.com/2020/09/23/jpmorgan-to-pay-almost-1-billion-fine-to-resolve-us-investigation-into-trading-practices.html

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

GFCC Compliance Investigations RIF will be announced tomorrow or Friday.

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 

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

In some cases the bank kept moving illicit funds even after U.S. officials warned them they’d face criminal prosecutions if they didn’t stop doing business with mobsters, fraudsters or corrupt... — read more 

https://nypost.com/2020/09/21/north-korea-reportedly-laundering-money-through-us-banks/ LAYOFFS?

https://m.dw.com/en/fincen-files-big-banks-money-laundering/a-54995003 What about Jamie Dimon? will he be called upon The FinCEN findings JP MORGAN CHASE extensive international research on money laundering and financial crime. They show how... — read more 

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