People keep mentioning it and we haven't heard anything at my location.
Abusive Management at Chase
Anyone experienced this ?
Layoffs in consumer banking coming soon
https://www.bloomberg.com/amp/news/articles/2020-01-28/jpmorgan-plans-to-cut-hundreds-of-jobs-across-consumer-division
How many people work at Chase?
What's your guess on how many employees the company will have before the end of the year? How about the overall headcount? And headcount at NYC?
What is going on with Chase?
JPMorgan Chase has begun the lay-off process for their seasoned recruiters in the USA. Replacing their staff with call center representatives (no human resource experience required) . They are changing their strategy in the direction of HIGH VOLUME... — read more
Bonus????
When are we going to know about our bonuses? I mean how long must we wait... they were paid out last year much earlier. What is going on? I heard layoffs soon.
https://www.google.com/amp/s/www.bloomberg.com/amp/news/articles/2019-03-28/jpmorgan-nomura-job-cuts-add-to-wave-of-finance-firms-chopping
Here’s a list of finance firms’ job cuts since Jan. 1: JPMorgan Chase & Co. is dismissing hundreds of workers in its asset and wealth-management division as part of a periodic review of staffing levels.
Home Equity Processing MKE
WTF? Layoff UW and processors in June, now positing positions for processors? Maybe looking to replace higher paid employees with lower paid ones?
Moving Jobs to Argentina and India
How about when you are training your “backup” AKA your replacement overseas? You know that you are next out the door. The company looks so nice from the outside but at the end is just a greedy business focused on the money and cheap labor. The... — read more
Bonuses this year
How are they looking this year better then last year or worse?
So quiet here
Should I take that as good news that there'll be no layoffs any time soon? Or am I too optimistic?
CCB in Columbus
Any opinion on the CCB in Columbus? Any layoffs there recently? How is work/life balance? Would it be a good area to take a job at?
Lay me off please
Had enough . No job is a life sentence .
Chase Auto
Chase Auto will be shutting down their Wilmington, DE office sometime in early 2020.
Chase Layoffs 2020
This is a generic discussion thread to capture comments about potential Chase Layoffs 2020? Any news or rumors?
Chase Tower Milwaukee
Once again rumors are starting to swirl that Chase is not renewing the lease at the tower in Milwaukee. They primarily do home equity and just starting mortgage processing. There is also sales there. Anyone have any solid info on this?
What Layoffs/rifs are coming in Nov and December?
Anyone hear what Janie has in mind for November and December layoffs/rifs?
Keep your options open
I applied for some internal jobs but I was honestly so ready to leave. Had my job move or be eliminated three times in my 13 years there. Took my seven months of severance and went to a new company. Keep your options open. If there's an internal... — read more
KYC Columbus
We were given until Dec 14th and then getting laid off in KYC in Columbus. Great xmas present.
Should I take the package or try to stay in
Got 10 years in, then a lay off notice last week. Not sure if I should take the money and run of course this does kind of leave a sour taste in my mouth. Anyone else wanna share what they did?
Does anybody actually believe Jp Morgan management?
I call bull on that whole "don't worry about closings, there's enough open positions for everybody elswhere" talk. They don't want us to panic so they'll tell us anything they believe we want to hear. I'm betting you not even half of it comes true -... — read more
Recent news article regarding Chase hiring practices
I have to laugh when I see articles about the hiring efforts of Chase to hire veterans, people with criminal records etc. Jaime Dimon stating that employees would count more than shareholders. At the same time alot of work is being transferred to... — read more
They are moving a lot of their banking overseas.. what does this mean for customers?
Well Jp Morgan Chase does not like to call it a lay-off. They refer to it as an opportunity. And they are focusing in on tenured employees. Mind you they are moving a lot of their banking over seas.. what does this mean for customers?? In a day and... — read more
Columbus credit card & Retail
I Just left a meeting with all of the staff and found out that all of card and retail teams in columbus are going away come 2nd quarter of 2020. They site customers are using chase online and mobile app more instead of calling in which seems odd to... — read more
Anyone from IT cares to comment on this?
This is puzzling, at least... This is per Business Insider, coverage of "World’s Most Attractive Employers 2019" (WMAE 2019) Source Study: https://universumglobal.com/wmae-2019/ PDF File:... — read more
Retail Mortgage Layoffs
Hmmm. Nothing about the purge of Lending Mangers, Senior Lending Managers, and 2 District Directors that occurred Friday October 5th? Huge amount of lending managers were let go in order to align management with the ever dwindling retail home... — read more
I got laid off this week ... GTI delaware
I was replaced by cheaper H1B sponsored labor. I thought maybe they got rid of everyone ....nope just the high paid folks that have been there a while. This should be a crime.
JPMorgan Chase Auto branch in Wilmington closing
There's word the J P Morgan Chase Auto branch in Wilmington, DE will be shutting down soon and positions will be moved to Dallas Fort Worth. Hiring has been on hold for over a year and no new advancement opportunities have been posted. Chase Auto... — read more
Jp Morgan Chase credit card division Elgin il
So for about the last 6 months J.P. Morgan Chase the credit card division has been laying employees off left and right. Anyone with any tenure are in jeopardy and what is their reply. Illinois is an at will state and they don’t need a reason. They... — read more
Jersey City Layoffs
How many people and which dept in NJ were affected?
Layoffs in October?
Heard some rumors, any truth to them?
There is not a need for JPMorgan to lay-off employees
There is not a need for JPMorgan to lay-off employees. There is a desperate need for better leadership in the mortgage bank. For some id–tic reason, senior leaders who ran other major banks mortgage business into the ground (to the point they exited... — read more
The layoffs are meant to pay for the new hires
While Chase will layoff hundreds, we also hire hundreds more in new opportunities and initiatives. The layoffs are meant to pay for the new hires. As for the elimination of the jobs, it encourages managers to be more efficient with the hires at... — read more
Got layoff after several weeks
I got layoff after less than a year with JP Morgan Chase. Nothing to do with performance, just job elimination due to budget cuts. It went from getting a raise in my career to ruining my career. I am too embarrassed to ask my previous employer for... — read more
If you in only for a short term job...
Go for it if you live in NY and a) don’t mind getting rift’d within 8 to 16 months of getting a position, b) willing to put up with managers who know A LOT less than their staff and whose goals are to not get rift’d and get promoted at the cost of... — read more
Chase layoffs
I'm a Sr manager and Just learned that Chase GTI will be laying off hundreds more in the US by October 15th,2019
Layoffs September
I heard layoffs for GTI are now, not in October, it’s too close to Thanksgiving. Anyone have concrete news.