Topics regarding layoffs at JPMorgan Chase & Co.

Topics regarding layoffs at JPMorgan Chase & Co.

SELF SERVING MANAGEMENT

Where are the Leaders accountability to the rest of the organization to create trust and establish their own credibility? WHAT IS THAT THEY DO? just changing Org names, and changing job titles and get paid like no one else?, that is all they do. Come... — read more 

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| 1620 views | | 6 replies (last October 11, 2018)
Post ID: @OP+Vt80w0x

Disgusting how they pick specific employees to layoff

I just had a death in family, showed up to work after a day and got laid off when they knew I lost a loveone, they still did not wait a say or two. Boss told me 4weeks ago thanks for being a top performer and doing a great job for us and now all... — read more 

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| 2620 views | | 7 replies (last March 26, 2019)
Post ID: @OP+Vs8RbOu

Chase layoffs violate the law

A total mass occur and mortgage servicing and a fall today. However Chase is violating the law. They gave people a 45 day working notice and some people a 45 day nonworking notice however due to the amount of employees that were laid off under the... — read more 

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| 5480 views | | 14 replies (last October 11, 2018)
Post ID: @OP+VrjGwQ7

It will get worse

Look at what happened to Fraud in New Jersey. A bunch of qualified good workers lost their job because they “cost too much” then they move the site to TX and proceed to replace them with lower level yokels who were from mortgage. Its a sham and a... — read more 

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| 1443 views | | 3 replies (last October 4, 2018)
Post ID: @OP+VrnbGPR

These layoffs are a nightmare

The way JPMC is doing layoffs is a nightmare, the strategic solution is to cut to the bone, I have direct knowledge that many managers don't know who will be leaving, but the decision was already made by the HR bean counters, but when layoffs are... — read more 

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| 2281 views | | 5 replies (last October 2, 2018)
Post ID: @OP+Vn44t2c

Phoenix - October

Word on the street is Phoenix is going to see another round - 2nd this year, in October.

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| 1360 views | | 4 replies (last October 3, 2018)
Post ID: @OP+VmIp8kE

You were warned.

they’ve moved to import an estimated 37,000 foreign workers through the H-1B visa program since 2014, eorking the H1-B visa system to its benefit and to the detriment of its U.S. workforce, but it is perhaps the best at gaming the system. hiring and... — read more 

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| 1220 views | | 1 reply (September 28, 2018)
Post ID: @OP+VlM33Om

Chase call center in arlington

Chase managers kept saying that we as a location would be moving to two different sites and then they called everyone off the phones to say the decision had been made to close our site and that no one would be relocated. WTF.

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| 3010 views | | 5 replies (last January 3, 2019)
Post ID: @OP+VlnpOg4

How to protect yourself from PIP?

An excellent way for the company to get rid of you without paying your due severance. How can one protect oneself from this unethical practice???

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| 10740 views | | 8 replies (last June 14, 2020)
Post ID: @OP+VjMgZrl

Another round of cuts

The next round of cuts will be next week and will look like nothing you have seen lately.

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| 3030 views | | 15 replies (last September 27, 2018)
Post ID: @OP+V10brTP

JP Morgan Chase & Co.

NEW YORK: An Indian citizen, who was the CEO of two information technology companies in the US, has been arrested in connection with a multi-year visa-fraud scheme involving forged and fraudulent documents to get visas such as H1B for over 200... — read more 

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| 1490 views | | 4 replies (last September 20, 2018)
Post ID: @OP+V0VlDrV

Banks After Tax Cuts: Loan Growth Slows and 3,200 Jobs Disappea, Savings helps industry post record profits for shareholders

Some employees get raises as JP continues to trim the workforce JP Morgan was among the top beneficiaries when Republicans slashed corporate taxes in December to stoke the U.S. economy. So how are the nation’s largest financial institution treating... — read more 

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| 1390 views | | 4 replies (last September 5, 2018)
Post ID: @OP+UMsd5db

Lay off coming soon

Default (CAS) is the lowest it has been in the many years I've been working for Chase Call volume and pipeline extremely/terrifying low We all know another lay off is coming 1st the underwriters and we're definitely next before the year ends. It's... — read more 

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| 2450 views | | 5 replies (last August 29, 2018)
Post ID: @OP+UzBYOYy

Transition

Looks like WFC is picking up your current Chief Tech Strategy Officer for a similar role. Good times ahead for us I'm sure.

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| 941 views | | 2 replies (last August 16, 2018)
Post ID: @OP+UyBplgU

Diversity hires

This place is full of them of course the old white dudes at the executive levels dont give a c-ap they just do it to show the public they are a "diverse" firm but the rest of us get stuck with unqualified micro managers from bethune cookman smdh this... — read more 

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| 2060 views | | 6 replies (last August 23, 2018)
Post ID: @OP+UxsCXH5

Jax fl

Well, Jax florida were let go in correspondence area. More to come.

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| 885 views | | no replies yet
Post ID: @OP+UkIatbt

Why would JPMorgan lay off people amid record profits?

I see so many people here scared of layoffs, heck, I'm one of them, but I still keep coming back to one thing. Why would JPMorgan have layoffs amid one of the best second quarters we've ever have? Just check out the latest earnings call: increased... — read more 

APAC view

I’ve seen among our teams that there's a growing intolerance of the non sense that is prevalent in our organization directed to APAC, while I do agree that we have terrible leadership, narcissistic bosses, a lack of a clear pathway to growth and... — read more 

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| 1420 views | | 6 replies (last August 18, 2018)
Post ID: @OP+UfsQlEt

You need to be ready

Ask yourself a question - am I getting less and less work every day? Also, is some of my work going to APAC teams and why? It's likely you are getting the official party line narrative: all is fine, do a good job, nothing to worry about but in... — read more 

Sad days for JPM

What does it say about current state of JPM if an employee who has been here for close to three decades is praying to be laid off? Literally praying to be on that list that's going to be announced tomorrow or any of the following weeks. It pains me... — read more 

More cuts

There were some pretty significant job losses in the U.S. banking sector. The six largest banks in the U.S. gave about 8,000 employees their pink slips during the quarter, the biggest decrease in the banks’ combined workforce in two years, according... — read more 

Good advice

Courage is key for setting healthy boundaries in toxic JP Morgan, and finding your way out of one. Do all that you can to surround yourself with people who lift you up instead of drag you down. and believe me I do know this company culture, lots of... — read more 

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| 1660 views | | 9 replies (last August 16, 2018)
Post ID: @OP+TUJvuX5

India in USA at JP Morgan

JP the biggest winner of the recent Republican tax bill. One analysis found that the sector will receive $249.4 billion in new tax breaks over the next decade under the bill, and are projected to receive over $100 billions in benefits. JP have... — read more 

The ship is sinking

Employees with 10+ years experience are quitting left and right. Somehow this is not a wake up call to management. The employee survey was so bad in my department they decided not to talk about it like it never happened. The ship is sinking. Exactly... — read more 

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| 2570 views | | 9 replies (last August 13, 2018)
Post ID: @OP+TDgrbyL

The swamp

How to remained at J P. if you are part of the management swamp? Here we go again one sport that all managers here play the most: The Game of reorganization, Whether triggered by a leadership transition, or a fundamental change in the business, which... — read more 

DFW

Any updates on layoffs at DFW. Any info is appreciated. All the best, XOXO

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| 1150 views | | 1 reply (June 2, 2018)
Post ID: @OP+TsEr3r7

JPMorgan Chase Bank layoffs in Cleveland, OH

Chase just laid off at least 15 people in the mortgage department in Cleveland, OH and more are expected. Just another example of how they pretend to care about employees but really do not. They constantly layoff at immediate convenience to... — read more 

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| 2690 views | | 5 replies (last October 3, 2018)
Post ID: @OP+Tk0pHqp

Conflict of Interest

How can people work in regulators like SEC or FINRA immediately join big banks like JP Morgan / Bank of America / Citi without a garden leave?

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| 1072 views | | 1 reply (May 13, 2018)
Post ID: @OP+T84FDXG

May 2018

Can we just get layoff info? Nobody cares about drama queens!!! Anyone please state dept. state of you hear information

60 cut in jersey city

More to follow as 60 have been given notice that they gonna be cut in june from the investigation department for compliance.

Default

Has anybody else heard default operations will transition to Manila in 2019?

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| 1214 views | | 1 reply (June 16, 2018)
Post ID: @OP+SpVmqHf

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