There are layoffs across the firm, including CCB (Chase), CIB (JP), Corporate Banking and AWM. 3-5%
9 replies (most recent on top)
"It is full of insecure managers (90% indian managers who joined full time from Indian consulting firms) who think they own you and want you to do all the work and then they quietly go and take up all the credit for it from Senior management. On top of that there is clear cut favoritism towards yesmen when it comes to promotions."
If companies were allowed to survive or fail just on the product they produced and investors were tied down to the company, this sh-t would clear itself up or would not happen. Most people tied to the company would act in its best interest. But nowadays people can "ra-e" and "pillage" the company then jump ship so to speak. They don't go down with the ship.
Reduction in Force across CCB.
You mean CCbB data tech? Which location ? who is the ED
CCB data is one of the worst in JPMC, where back biting is rampant; All laws are flouted, racial bias, executive director's are pit viper's.
It is full of insecure managers (90% indian managers who joined full time from Indian consulting firms) who think they own you and want you to do all the work and then they quietly go and take up all the credit for it from Senior management. On top of that there is clear cut favoritism towards yesmen when it comes to promotions.
@1rcf+1qYaeP5k CCB favoritism is a true statement. I am a victim of it.
CCB is the worst highly recommend staying away.
horrible leadership in CCB data overall. Never join CCB department, its full of favourism, mismanagement, wrong planning. As an example, CCB Data is full of chaotic leadership .
Yep. Got invited to a 1:1 with the executive director this morning.