Topics regarding layoffs at JPMorgan Chase & Co.

Topics regarding layoffs at JPMorgan Chase & Co.

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 

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 

by
| 1461 views | | no replies yet
Post ID: @OP+10AwcKaP

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?

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 

by
| 2430 views | | 4 replies (last August 20, 2019)
Post ID: @OP+10ihYxQr

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?

by
| 3410 views | | 7 replies (last September 11, 2019)
Post ID: @OP+ZXC9EgZ

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 

by
| 2710 views | | 5 replies (last September 25, 2019)
Post ID: @OP+ZW45184

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 

by
| 2142 views | | 2 replies (last September 13, 2019)
Post ID: @OP+ZQ5PwQP

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.

by
| 5220 views | | 6 replies (last September 4, 2019)
Post ID: @OP+ZK9AehD

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 

Thursday Reaping

Several in risk/compliance were cut today in Jax, FL.

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.

by
| 943 views | | no replies yet
Post ID: @OP+ZCpR1VS

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 

by
| 1712 views | | 1 reply (June 5, 2019)
Post ID: @OP+ZoPL58Q

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!

by
| 1590 views | | 1 reply (May 16, 2019)
Post ID: @OP+Z4zNE3v

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 

Start a new thread - post a news comment, question or message:

: