Toxic work culture in MMBSI is forcing high performers to quit. Check turn over in last 5 years. My manager just told everyone that he hates Zoom locking up and that they need to upgrade their home WiFi on their own cost. Wanting to push products... — read more
Are you safe if you never take vacation?
There are people, full time, that never take vacation. Seriously!
Do you feel safe returning to the office?
When is your returning date? And which location?
Growing evidence suggests that Covid-19 infection, like with other illnesses, is related to prolonged time exposed to the virus.
How are they going to protect us when growing evidence suggests that Covid-19 infection is related to prolonged time exposed to the virus. We sit like sardines and share desks. The longer we stay in an environment that contains the virus, the higher... — read more
Layoffs in Houston
Layoffs coming to Houston once hiring freeze is over.
Not surprising. Just heard more cuts coming.
https://www.businessinsider.com/companies-with-the-least-happy-employees-wework-jp-morgan-2020-1
Does everyone that makes up to 60k got their Covid Bonus?
I heard that were a few folks that did not got their bonus based on Management favoritism. Did you got yours?
HR Hiring Freeze?
Heard there was an HR hiring freeze. Is this true and if so, any idea when it will unfreeze?
CoronaVirus and impact on work-life balance?
Is there a work-life balance? Is it the same old same old? Is there empathy, compassion for staff, and co-workers?
I think its time to stop griping and ask JPMorgan and other large Corporations to use the power of their lobbying for Covid-19 testing
I think its time to stop our griping and ask JPMorgan and other large Corporations to use the power of their lobbying for Covid-19 testing. Without clients depositing, trading, moving monies and staff to over see functions, there won't be business... — read more
Fairly Severe Recession Coming
https://finance.yahoo.com/news/jpmorgan-q1-earnings-during-covid19-pandemic-111708844.html
Won’t take care of employees
They are doing nothing to support employees that work from home, having to use they own equipment and having to buy their own computers and office equipment.
Employees over 65 NOW essential....but for how long
They are utilizing employees who are lower paid and 60, 65 and plus and identifying them as essential. HOW long will they be essential? Why are they not humane and asking them to stay home during these weeks since their employees are the companies... — read more
JPMC offshoring jobs to India even in these times!
These people just announced more KYC jobs going to India. Even during these times.... this company is despicable!!
March layoffs
Are these still happening? Any insight would be appreciated?
Chase Suspending Mortgage Payments (3 Months Suspension)
Wells Fargo, US Bank, Citi and JP Morgan Chase will defer mortgage payments for three months. State chartered banks and credit unions will offer similar deferrals. Newsom said everyone is eligible, regardless of how much money they make. He said... — read more
Corona virus: Are companies checking their vital employees?
Vital staff goes in? Are the nurses vital and are they checking on the employees? Are they checking their temperatures?
Layoffs Galore
https://www.cnbc.com/amp/2020/03/18/jpmorgan-says-it-will-close-20percent-branches-because-coronavirus-pandemic.html
Tone deaf
Job is being eliminated since October. All the phone reps were placed into roles where the managers weren’t. The last phone reps leave Friday. More than 15 managers remain and they still haven’t helped find us jobs but we aren’t being offered... — read more
Golden Opportunity
https://www.linkedin.com/pulse/timing-next-financial-crisis-under-construction-dahn-shaulis/?trk=mp-author-card https://collegemeltdown.blogspot.com/2020/03/coronavirus-and-college-meltdown.html
Contingency plan for CCB Customer-Facing Employees
I've heard many people say that customers can always go through the drive-through if they need a teller but nobody seems to consider customers need change orders, need a banker or need maintenance on an account that can't be done over the... — read more
Layoffs and the Corona Virus
If they are going to layoff, it would be good if they did now. Workspaces to not provide the social distance being suggested (mandated?) and they are managers are not providing guidance, telling people to keep their distance or ware gloves at work. ... — read more
Have the late March layoffs been confirmed?
Several people have mentioned in the past month or so that we are looking at major layoffs at the end of this month - meaning sometime next week or the one after. Has this been confirmed or is it still only in the realm of rumors? I’d really like to... — read more
JP Morgan cuts in Europe
How soon before this spills over here? J.P. Morgan plans to release dozens of its Swiss-based employees, according to information obtained by finews.com. The biggest U.S. bank may cut as many as 140 jobs in Switzerland, according to information... — read more
Dimon's Recovering Well
https://www.cnbc.com/2020/03/06/jpmorgan-chase-ceo-jamie-dimon-expected-to-fully-recover-source-says.html
HR going thru cost centers
I met with my manager today and told me HR is going through all of the cost centers and did not elaborate. He acts as the COO for the department and manages hiring and firing. Was he trying to tell me that I am being laid off without coming out and... — read more
This is your thread if you have a Question or an Answer about Corona Virus and Chase
Q&A kinda thread - what's happening next?
Coronavirus layoff
Anyone affected or heard about it?
Next Layoffs May/June 2020
It’s been confirmed with insider next layoffs after the investor meeting in April will take place in consumer lending around May or June 2020. The exact date not know yet.
Last Minute All Hands Meeting
CCB - All hands meeting called last minute for this morning 9AM MST.
Top Performance Employees get ZERO opportunities
Management prefers low performance employees because they do not outshine them. Management really can’t stand top performance employees who get ZERO opportunities and the low performance Employees know this so they do not even bother to strive for... — read more
Layoffs in march
Anyone have the dates for the layoffs on March who will be affected?
Loan Origination Risk of Future Layoffs
Just an FYI Chase just rolled out an automation tool for automatic loan modification to prevent people from refinancing. They currently targeting qualified customers by using their mobile apps. This is a trial period where they don’t need loan... — read more
02/06/2020 Layofffs
The layoffs happened earlier this morning at our Plano site in Texas. The department started with over 400 people in 2015 now we down to about 25 after today. Our AVP had flooring meeting and said the cut will continue and most likely another round... — read more
Unionize
Any interest if we get the ball rolling on the possibility of forming a union ?
Layoffs have started
For those who were doubting it, it's definitely happening.
Reduction Construction
Good luck out there.