I often write code to complete tasks, but what if the person automates their entire job? I found about a dozen programmers here who have either written code to handle most or all of their job. and told no one, In my case I automated my entire job... — read more
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
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
Branch Operations Support Department
All gone as of 11/30/18. Thanks for the JIT for Christmas layoffs....d---s.
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
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
Houston... we have a problem....... let get rid of more employees, Just in time for Christmas
A lot of this is software catching up to the logistics that is now possible due to the improvements in data infrastructure. External calls were the first to be consolidated. Everyone has sat on hold waiting for the next available..... Internal is... — read more
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
Phoenix - October
Word on the street is Phoenix is going to see another round - 2nd this year, in October.
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
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.
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???
Layoffs are happening in Houston-more than 100 people were let go
These kind of things make me sick. Constant layoffs were not enough, and apparently they have to lay off whole units at once. From what I've seen here it’s happening at other locations as well, so it’s hard to believe that this is an isolated event... — read more
Another round of cuts
The next round of cuts will be next week and will look like nothing you have seen lately.
Rampant discrimination against blacks, That may be the reason there are very few in the Tampa HUB
JPMorgan Chase reaches settlement in race case The largest U.S. bank agrees to pay $19.5 million to members of class-action lawsuit alleging racial discrimination that's 'uniform and national in scope' Sep 4, 2018 @ 10:19 am As racial diversity... — read more
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
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
JPMorgan Laying Off Around 100 Employees in Asset-Management Business
Thanks Jamie Dimond! the tax scam worked!! JP Morgan asset management layoffs account for 1% to 2% of division, JPMorgan Chase & Co. is in the process of laying off around 100 employees in its asset-management division as the bank makes staffing... — read more
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
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.
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
Jax fl
Well, Jax florida were let go in correspondence area. More to come.
Layoffs at Sky Harbor and Tempe
Batten down the hatches. Chase posts record profits then lays people off again. Trickle down economics at work
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
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
Pack lite 7/19/2018
Pack lite tomorrow 7/18/2018. Default hammer is set to fall.
Anything new on layoffs?
Do we know anything new about when the next round of layoffs will be?
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
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
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
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
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?
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?