Do you have any updates about layoffs in Delaware?

for all of you who are so worried about your jobs..........be proactive............this company does not want you......read the companies press releases.........you are US based and you are not wanted............it is called COST... — read more 

i was laid off a week ago. vp in card services. not sure about any other details. frankly, i'm happy to be leaving. the most boring 3 years of my working life were spent at chase. not a bad company in terms of benefits but a terribly hypocritical one... — read more 

What do we know about the announcement so far?

Auto Finance is cutting putting, received my layoff notice the day I came back from medical leave, our collections side is affected as well.

I worked enough years to retire from Chase. Need insurance to tide me over until Medicare eligible however just to cover me reitrement insurance is $1066 per month. It is supposed to be 102% of actual cost which would make actual cost $12,541 per... — read more 

HOW MANY CUTS IN THE GRID CAN I TAKE BEFORE I BECOME HOMELESS. THEY EVEN WANT US TO OPEN ACCTS AND TRADE ACCTS THEY WON'T PAY US FOR IF THE ACCOUNT IS UNDER 50K, THEY EVEN KEEP THE COMMISSION TOO!!!!! I TELL YOU WHAT BUDDY. YOU PUT YOUR LICENSE ON... — read more 

I was laid off a year ago (2014) - and no - I was not a "less rated staff" or an under-performer, but rather an over-achiever (met or exceeded performance expectations). My area of the company saw 4 other city locations close and the work shuffled to... — read more 

Anyone has more details?

I am in Chase Auto and we were told earlier this year that our lease is up in the Garden City office. Looks like every quarter HR is here and announcements are made. The majority of the jobs are moving out of state and the rest of the employees... — read more 

You can look up impending layoffs by Google searching WARN 2015 plus your state. Most states have this and chase shows up a few times in the couple of states I've researched.

Layoffs are happening for sure, our jobs are being shipped overseas

Chase will 300 bank branches in this year, that's 5% of all branches, you can expect this trend to continue for very long time, you can bet that we'll end up with 50% less branches in a 5 to 10 year period. Everything is going digital, people are... — read more 

Jamie Dimon has a plan, massive workforce cuts, this always works well in short term, the stock will skyrocket, he'll collect massive bonuses and then leave. 5 to 7 Percent of JPMorgan Chase Workforce to be laid off. We will all suffer, executives... — read more 

Expect more layoffs coming soon as they rearrange the deck chairs on this titanic during the never ending re-org. http://www.valuewalk.com/2015/03/jpmorgan-prepares-to-layoff-5-7-of-workforce-report/

Team work is non existent because of their 'rank and yank' culture. Why would another person in your group help you? Becuase if you end up with better number than them, they get shitcanned. Even if you meet their illogical 'numbers', the bottom 20%... — read more 

I’m sure working at the largest bank in the US is perhaps every person’s dream job. However, before you make your decision to join the company, ask yourself an important question: is it better to stay undervalued for the rest of your life or be... — read more 

Tampa closed - 65 people laid off

In 2009 we eliminated 10 thousand jobs - imagine that, 10000 people, families were affected, it was horrible. Today it's little bit better but still we are having major issues and especially in tech and back office we are seeing cuts all the time. I... — read more 

Our Mortgage side seems to be be hemorrhaging jobs without stooping (I know, I know, Wells Fargo laid off 1100 yesterday) - Is this ever going to stop or are we going to be laying off people forever?

For a bank that has 2.8 Trillion dollars at their disposal, they like to treat you like your garbage. They send threats verbally and in writing non stop. They break the law continually but never get caught, because no politician will pull up their... — read more 

150 people were let go

Have you ever seen the org chart for this shithole company? Do you really need 16 layers of management? Is everybody a f***innnng VP? or is it just 30% of the company?

waste of time. If you work here. expect to be pounded into the ground, favoritism, good old boy empire building. could care less about quality as long as you meet your 'number'. Joe Blow has shitty quality....and wouldn't survive an audit, but hey he... — read more 

No heads up - today many people were laid off in collections - collectors, supervisors and even AVPs. The ironic part is Chase's motto is to be transparent with customers but they surely are not transparent with their employees. This is just the... — read more 

What a shithole. This place has a higher turn over rate than McDonalds. F*** em.

JP Morgan just cut 200 people from compliance operaitons including a lot in Delaware. No prior warning was given and most analysts are expected to work over time due to the large work load. I don't understand why they are laying people off in... — read more 

Many employees have come and gone over last 4 years I have been with the company. We are like a permanet revolving door business. I had a new manager every 12 months so, it was difficult for the new manager to get to know you personally and lear... — read more 

Temporary employees were all treated the same all the time and this is not fair as some folks are more skilled than others... This is bad because if one person does something wrong we were all treated as we all do the same thing.

Our senior bankers are promoted solely based on ability to bring in revenue, big revenue. Nobody is looking at actual leadership ability or skill outside of bring in revenue. When you have situation like this internal business processes tend to be... — read more 

Last year, somewhere in February 2014, Chase announced 5,500 planned layoffs - this was in addition to more than 19,000 job cuts that were announced back in 2013. Yet, this is just a small share of of our global and total total headcount, which is... — read more 

2014 layoff mostly covered less rated staff. 3/16/2015 will be a shocker.

Read an article dated February 25 2015. Gordon smith had an investors meeting and it was announced that chase plans to close 100 of its 300 non branch locations by the end of 2016. What ones do you think will go? We are here in orlando/heathrow... — read more 

In March 2014, JPMorgan Chase cut 165 workers from its Chatsworth mortgage-processing office, and six months before additional 300 were let go. People knew it though.

The whole industry is messed up. I think we have away too many branches and the org is bloated. It's hard to do anything, you need approvals for every single thing, a lot of red tape.