Batten down the hatches. Enjoy the Holiday weekend. Proof that resume because this one is gonna be yuuuge
Using your boss as a reference post lay-off
I was laid off in June. Applied for a position outside Chase that needed a reference. So I texted my boss & these are her exact words “Hey Sorry I was not at my desk when you called. I was told that Management has advised us we can only be a... — read more
Start looking for a job. Layoffs are happening again in October .
Don’t believe anything your manager tells you. They are going to tell you what you want to hear. Take care of yourself!!!
Jamie says employees will come before shareholders.
Let’s see what happens when we miss one or two quarterly estimates.
JP Morgan Chase Digital in New York, NY
Any rumors of layoffs in Digital? Specifically for software engineers (full time, not contract, not h1b? I know some h1b contractors were let go and management basically offloading the workload to full time employees that were retained...which is... — read more
Layoffs in kyc tampa.
Is the rumor true?
Anyone getting Unemployment in NY?
Relative let go mid-Apr, paid until end of may and received lump sum severance in mid June - NYS turned down unemployment - anyone receive unemployment in this scenario?
While the staff keeps shrinking each month JPM enjoys a TaX cut!
While the company moves jobs to Asia, South America and Eastern Europe each month, in April of 2019 the Chairman of JPMorgan told investors that “The new tax code establishes a business tax rate that will make the United States competitive around... — read more
SHOC Layoff
Support functions for Recovery are being moved to Philippines. Layoff just happened company wide a month ago. Now new talks of more layoffs coming September. Don't invest in anything long term. Including your role with JPMC. Revolving doors are... — read more
Layoffs
Layoffs in Jersey City. There are no jobs at the JC campus. Last week 100 people let go. The rumor mill says that there are steady job eliminations through October. Many jobs sent to Buenos Aires and Plano
Automation
They spend millions trying to "automate" our jobs every year only to fail and then say "sorry no money for bonuses/raises" and still let people go. Why would any employee for this firm attempt to do anything but the bare minimum when they wish you... — read more
Layoff Thursdays
Why are layoffs always on Thursdays? Is there some reason for them to be doing it this way? Anyone from HR here?
Replaced by Manila.
We all know the cost of doing business is a lot cheaper when it's done overseas, and with a company like Chase who continues to improve their quarterly profit by reducing overhead, expect it to get progressively worse state side. These layoffs are... — read more
Layoffs JP Morgan Westmont IL
Any Westmont folks on this board. Why knows more?
We need to be real here
This is not in defense of JPMorgan Chase or any other similar compamy, but we need to be real here. Not sure where in the US you will find an organization that will provide services like those of JPMorgran or similar companies with US staff only. In... — read more
When can we expect more layoffs?
Does anybody know if there are plans in work for a major layoffs round at JPMorgan Chase?
Offshoring private data
As a Chase customer, the news that banking jobs are moving offshore concerns me. My concern is over the confidentiality of my banking information. Time to consider moving my accounts elsewhere.
Columbus jobs eliminated
We are given a soft notice that Jobs are moved to other locations in the US, India or Philippines and current employees have to train their replacements...completely demeaning. Not only that, we havent been given our formal 45 day notice yet so we... — read more
New Headquarters
Does everyone really believe the new headquarters will house the same number of JPM employees as it previously did? With a shrunken JPM footprint in the US and with the number of New York, New Jersey and Connecticut employees laid off, relocated or... — read more
Hiring Freeze
Is chase having a hiring freeze right now? Most people looking are not being called in for jobs and i mean those who already got their 45 day notice.
Future of mortgage ops at Chase
Here's my opinion and feelings on the future of mortgage ops at Chase. Take them for what they are worth. 90% if not all of underwriting and processing will be done in Manilla within the next few years. This will include home equity and first... — read more
Layoffs in Home Equity Chase Tower Milwaukee
Home equity underwriter and processor layoffs. Over 30. Milwaukee
Anyone know what the RIF packages look like?
I've been with JPMC for 13 years, what do I have to look forward to if they RIF me?
Anyone know what the RIF packages look like?
I've been with JPMC for 13 years, what do I have to look forward to if they RIF me?
Multiple Departments default mortgage and CAS
Layoff officially underway at SHOC
Thursday Reaping
Several in risk/compliance were cut today in Jax, FL.
Today was a big communication day for cuts across Asset and Wealth Managament (and maybe wider)
Anyone have info from their departments on what was cut?
Merchant Services in Tampa
Merchant Services in Tampa had riffs last month. From software engineers to business side. Don't really know the exact count but in our office someone mentioned 25.
Life after JPM
Is there a trend in the market whereby a mass exodus of JPM staff are leaving and heading to another certain company?
Two Alike?
It seems JPMC is laying off with the same velocity of Wells Fargo. Although the scandals are not as publicized as at Wells Fargo I'm sure they have their own "issues." Any employees here can shed light into the chaos or is JPMC needing to layoff just... — read more
Info on layoffs
Major layoffs coming in compliance and risk. At the town hall last month they said ny and nj will no longer be a hub. All jobs going to Delaware and Tampa. Is this true about the town hall? Can anybody confirm it?
Layoff - JP Morgan Chase & Co-Consumer Banking & Card
As filed with the state: TX Notice Received on: Mar 18, 2019 Company: JP Morgan Chase & Co-Consumer Banking & Card County: Tarrant WDA: Tarrant County WDA Number of employees laid off: 368 Layoff date (start): Mar 14, 2019 Layoff date (end): Mar 18... — read more
July layoff
Collection department as well as multiple other departments layoff in mid July.
Chase Mortgage Loan officers in Wisconsin
I hear they are hiring Chase Mortgage Loan officers in Wisconsin. I do not think there are layoffs, I think Chase is adding headcount. Things may be different outside of Wisconsin, I have no details on that but for Wisconsin things are not looking... — read more
More waves coming in June
Looks like a lot of senior management shakeup is happening and due by mid/late June. Prepare for the rough ride ahead!
Delaware Layoffs
A couple groups in Financial Control just received word their jobs are moving to India. They have 45 days to train their replacements and find new roles
Genius Dimon
JPMorgan Chase will invest $125 million in programs to encourage people to save money, while heavily outshoring and outsourcing jobs... Great PR, less US Jobs!
Any more layoffs?
What's happening? Will there be more layoffs tomorrow or next week? I hate the lack of transparency regarding layoffs at this bank. If we had better management, they'd tell us what's going on - whether it's good or bad. What a bunch of cowards we... — read more