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 

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 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

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 

Why are layoffs always on Thursdays? Is there some reason for them to be doing it this way? Anyone from HR here?

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 

Any Westmont folks on this board. Why knows more?

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 

Does anybody know if there are plans in work for a major layoffs round at JPMorgan Chase?

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.

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 

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 

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.

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 

Home equity underwriter and processor layoffs. Over 30. Milwaukee

I've been with JPMC for 13 years, what do I have to look forward to if they RIF me?

I've been with JPMC for 13 years, what do I have to look forward to if they RIF me?

Layoff officially underway at SHOC

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

Anyone have info from their departments on what was cut?

Good luck!

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.

Is there a trend in the market whereby a mass exodus of JPM staff are leaving and heading to another certain company?

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 

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?

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 

Collection department as well as multiple other departments layoff in mid July.

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 

Looks like a lot of senior management shakeup is happening and due by mid/late June. Prepare for the rough ride ahead!

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

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!

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 

JPMChase just had a meeting yesterday announcing that 50% of the GTI staff @ Jersey City location was going to be terminated to make room for the Sr management move from 270 park renovation. It's very sad to have learned this especially when they... — read more 

On a smarmy and disingenuous phone call yesterday, upper management at Chase Home Lending informed the Country that all the in branch retail loan officers in the entire State of Wisconsin would be losing their positions. They will be offered... — read more 

Any comments regarding home equity processing and underwriting? No backfilling of processing spots and alot of work going to the Philippines.

What's been going on lately that so may people are leaving JPMC? I mean, there was always attrition, but what's been happening lately is a whole new level. Every day somebody new leaves. Should I be worried? Am I missing something? I hope I'm... — read more 

You know layoffs are coming when they take your whole group's pipeline for an experiment.... new leaders always lead to new layoffs. It's so sad. We used to be kept informed. Now it's all hush hush. Make it through Thursdays and you're relieved one... — read more 

As per header....

Piepszak's very frugal and fiscally conservative. Now, the CFO role will allow her to move into cost cutting quickly and you should see many cuts in a few months. Is she going to lay people off? Not sure, but some cost cutting will happen - will be... — read more